Latest / Views from 6,230 / Trading ETFs and Sports Cards: A Parallel Conversation
Transcript
- 0:12Go
- 0:18Ryan Nauman Zephyr: Hello,
- 0:18Ryan Nauman Zephyr: everyone,
- 0:19Ryan Nauman Zephyr: and
- 0:19Ryan Nauman Zephyr: welcome
- 0:19Ryan Nauman Zephyr: to
- 0:19Ryan Nauman Zephyr: Zephyr's
- 0:20Ryan Nauman Zephyr: Adjusted
- 0:21Ryan Nauman Zephyr: for
- 0:21Ryan Nauman Zephyr: Risk
- 0:21Ryan Nauman Zephyr: podcast
- 0:22Ryan Nauman Zephyr: from
- 0:22Ryan Nauman Zephyr: the
- 0:22Ryan Nauman Zephyr: shores
- 0:22Ryan Nauman Zephyr: of
- 0:23Ryan Nauman Zephyr: Lake
- 0:23Ryan Nauman Zephyr: Tahoe.
- 0:24Ryan Nauman Zephyr: I'm
- 0:24Ryan Nauman Zephyr: Ryan
- 0:24Ryan Nauman Zephyr: Nauman,
- 0:25Ryan Nauman Zephyr: the
- 0:25Ryan Nauman Zephyr: market
- 0:25Ryan Nauman Zephyr: strategist
- 0:26Ryan Nauman Zephyr: here
- 0:26Ryan Nauman Zephyr: at
- 0:27Ryan Nauman Zephyr: Zephyr.
- 0:28Ryan Nauman Zephyr: And
- 0:28Ryan Nauman Zephyr: while
- 0:28Ryan Nauman Zephyr: chatting
- 0:29Ryan Nauman Zephyr: with
- 0:29Ryan Nauman Zephyr: my
- 0:29Ryan Nauman Zephyr: next
- 0:29Ryan Nauman Zephyr: guest
- 0:30Ryan Nauman Zephyr: about
- 0:30Ryan Nauman Zephyr: the
- 0:31Ryan Nauman Zephyr: influx
- 0:31Ryan Nauman Zephyr: of
- 0:31Ryan Nauman Zephyr: new
- 0:32Ryan Nauman Zephyr: ETF
- 0:32Ryan Nauman Zephyr: issues
- 0:33Ryan Nauman Zephyr: and
- 0:33Ryan Nauman Zephyr: some
- 0:34Ryan Nauman Zephyr: of
- 0:34Ryan Nauman Zephyr: the
- 0:34Ryan Nauman Zephyr: new
- 0:34Ryan Nauman Zephyr: exotic
- 0:35Ryan Nauman Zephyr: ETF
- 0:35Ryan Nauman Zephyr: products,
- 0:37Ryan Nauman Zephyr: um,
- 0:38Ryan Nauman Zephyr: and
- 0:38Ryan Nauman Zephyr: wondering,
- 0:39Ryan Nauman Zephyr: asking
- 0:39Ryan Nauman Zephyr: him
- 0:40Ryan Nauman Zephyr: if
- 0:40Ryan Nauman Zephyr: these
- 0:41Ryan Nauman Zephyr: new
- 0:41Ryan Nauman Zephyr: ETF
- 0:41Ryan Nauman Zephyr: products
- 0:42Ryan Nauman Zephyr: are
- 0:42Ryan Nauman Zephyr: set
- 0:42Ryan Nauman Zephyr: for
- 0:43Ryan Nauman Zephyr: the
- 0:43Ryan Nauman Zephyr: long
- 0:43Ryan Nauman Zephyr: game.
- 0:44Ryan Nauman Zephyr: He
- 0:44Ryan Nauman Zephyr: made
- 0:45Ryan Nauman Zephyr: a
- 0:45Ryan Nauman Zephyr: very
- 0:45Ryan Nauman Zephyr: interesting
- 0:46Ryan Nauman Zephyr: comparison.
- 0:47Ryan Nauman Zephyr: He
- 0:47Ryan Nauman Zephyr: compared
- 0:47Ryan Nauman Zephyr: the
- 0:47Ryan Nauman Zephyr: ETF
- 0:48Ryan Nauman Zephyr: environment
- 0:48Ryan Nauman Zephyr: to
- 0:49Ryan Nauman Zephyr: sports
- 0:49Ryan Nauman Zephyr: cards.
- 0:50Ryan Nauman Zephyr: Of
- 0:50Ryan Nauman Zephyr: course,
- 0:51Ryan Nauman Zephyr: I
- 0:51Ryan Nauman Zephyr: thought
- 0:51Ryan Nauman Zephyr: it
- 0:51Ryan Nauman Zephyr: was
- 0:51Ryan Nauman Zephyr: very
- 0:52Ryan Nauman Zephyr: interesting
- 0:52Ryan Nauman Zephyr: comparing,
- 0:53Ryan Nauman Zephyr: uh,
- 0:54Ryan Nauman Zephyr: the
- 0:54Ryan Nauman Zephyr: ETF
- 0:54Ryan Nauman Zephyr: market
- 0:55Ryan Nauman Zephyr: to
- 0:55Ryan Nauman Zephyr: sports
- 0:56Ryan Nauman Zephyr: cards,
- 0:56Ryan Nauman Zephyr: as
- 0:57Ryan Nauman Zephyr: sports
- 0:57Ryan Nauman Zephyr: cards,
- 0:58Ryan Nauman Zephyr: particularly
- 0:58Ryan Nauman Zephyr: baseball
- 0:59Ryan Nauman Zephyr: cards,
- 0:59Ryan Nauman Zephyr: are
- 0:59Ryan Nauman Zephyr: a
- 0:59Ryan Nauman Zephyr: very
- 1:00Ryan Nauman Zephyr: hot
- 1:00Ryan Nauman Zephyr: topic
- 1:01Ryan Nauman Zephyr: in
- 1:01Ryan Nauman Zephyr: my
- 1:01Ryan Nauman Zephyr: household.
- 1:02Ryan Nauman Zephyr: Well,
- 1:03Ryan Nauman Zephyr: my
- 1:03Ryan Nauman Zephyr: next
- 1:03Ryan Nauman Zephyr: guest,
- 1:04Ryan Nauman Zephyr: he's
- 1:04Ryan Nauman Zephyr: gonna
- 1:04Ryan Nauman Zephyr: share
- 1:05Ryan Nauman Zephyr: some
- 1:05Ryan Nauman Zephyr: very
- 1:06Ryan Nauman Zephyr: interesting
- 1:07Ryan Nauman Zephyr: insights
- 1:07Ryan Nauman Zephyr: about
- 1:08Ryan Nauman Zephyr: the
- 1:08Ryan Nauman Zephyr: two
- 1:08Ryan Nauman Zephyr: and
- 1:08Ryan Nauman Zephyr: bring
- 1:08Ryan Nauman Zephyr: the
- 1:08Ryan Nauman Zephyr: two
- 1:09Ryan Nauman Zephyr: together
- 1:10Ryan Nauman Zephyr: in
- 1:10Ryan Nauman Zephyr: a
- 1:10Ryan Nauman Zephyr: very
- 1:10Ryan Nauman Zephyr: interesting
- 1:11Ryan Nauman Zephyr: way
- 1:12Ryan Nauman Zephyr: But
- 1:12Ryan Nauman Zephyr: first,
- 1:13Ryan Nauman Zephyr: today's
- 1:13Ryan Nauman Zephyr: episode
- 1:14Ryan Nauman Zephyr: is
- 1:14Ryan Nauman Zephyr: sponsored
- 1:14Ryan Nauman Zephyr: by
- 1:15Ryan Nauman Zephyr: the
- 1:15Ryan Nauman Zephyr: award-winning
- 1:15Ryan Nauman Zephyr: Zephyr,
- 1:16Ryan Nauman Zephyr: which
- 1:17Ryan Nauman Zephyr: helps
- 1:17Ryan Nauman Zephyr: investment
- 1:17Ryan Nauman Zephyr: professionals
- 1:18Ryan Nauman Zephyr: make
- 1:19Ryan Nauman Zephyr: more
- 1:19Ryan Nauman Zephyr: informed
- 1:20Ryan Nauman Zephyr: investment
- 1:20Ryan Nauman Zephyr: decisions
- 1:21Ryan Nauman Zephyr: on
- 1:21Ryan Nauman Zephyr: behalf
- 1:22Ryan Nauman Zephyr: of
- 1:22Ryan Nauman Zephyr: their
- 1:22Ryan Nauman Zephyr: clients.
- 1:23Ryan Nauman Zephyr: All
- 1:23Ryan Nauman Zephyr: right,
- 1:23Ryan Nauman Zephyr: enough
- 1:24Ryan Nauman Zephyr: from
- 1:24Ryan Nauman Zephyr: me.
- 1:24Ryan Nauman Zephyr: Let's
- 1:25Ryan Nauman Zephyr: go
- 1:25Ryan Nauman Zephyr: ahead
- 1:25Ryan Nauman Zephyr: and
- 1:25Ryan Nauman Zephyr: bring
- 1:25Ryan Nauman Zephyr: on
- 1:26Ryan Nauman Zephyr: the
- 1:26Ryan Nauman Zephyr: star
- 1:27Ryan Nauman Zephyr: of
- 1:27Ryan Nauman Zephyr: the
- 1:27Ryan Nauman Zephyr: show.
- 1:28Ryan Nauman Zephyr: I'm
- 1:28Ryan Nauman Zephyr: very
- 1:28Ryan Nauman Zephyr: honored
- 1:29Ryan Nauman Zephyr: and
- 1:29Ryan Nauman Zephyr: excited
- 1:30Ryan Nauman Zephyr: to
- 1:30Ryan Nauman Zephyr: welcome
- 1:30Ryan Nauman Zephyr: back
- 1:30Ryan Nauman Zephyr: for
- 1:31Ryan Nauman Zephyr: a
- 1:31Ryan Nauman Zephyr: second
- 1:31Ryan Nauman Zephyr: time
- 1:32Ryan Nauman Zephyr: Lance
- 1:33Ryan Nauman Zephyr: McGray.
- 1:34Ryan Nauman Zephyr: Lance
- 1:35Ryan Nauman Zephyr: is
- 1:35Ryan Nauman Zephyr: the
- 1:35Ryan Nauman Zephyr: managing
- 1:36Ryan Nauman Zephyr: director
- 1:37Ryan Nauman Zephyr: and
- 1:37Ryan Nauman Zephyr: head
- 1:37Ryan Nauman Zephyr: of
- 1:37Ryan Nauman Zephyr: ETF
- 1:38Ryan Nauman Zephyr: Product
- 1:39Ryan Nauman Zephyr: at
- 1:39Ryan Nauman Zephyr: Advisors
- 1:40Ryan Nauman Zephyr: Asset
- 1:40Ryan Nauman Zephyr: Management.
- 1:41Ryan Nauman Zephyr: Lance,
- 1:42Ryan Nauman Zephyr: thank
- 1:43Ryan Nauman Zephyr: you
- 1:43Ryan Nauman Zephyr: so
- 1:43Ryan Nauman Zephyr: much
- 1:43Ryan Nauman Zephyr: for
- 1:43Ryan Nauman Zephyr: coming
- 1:44Ryan Nauman Zephyr: back
- 1:44Ryan Nauman Zephyr: on
- 1:44Ryan Nauman Zephyr: the
- 1:44Ryan Nauman Zephyr: show
- 1:44Ryan Nauman Zephyr: again.
- 1:45Ryan Nauman Zephyr: That
- 1:45Ryan Nauman Zephyr: first
- 1:45Ryan Nauman Zephyr: conversation
- 1:46Ryan Nauman Zephyr: we
- 1:46Ryan Nauman Zephyr: had
- 1:47Ryan Nauman Zephyr: about
- 1:47Ryan Nauman Zephyr: a
- 1:47Ryan Nauman Zephyr: year
- 1:47Ryan Nauman Zephyr: and
- 1:47Ryan Nauman Zephyr: a
- 1:47Ryan Nauman Zephyr: half
- 1:48Ryan Nauman Zephyr: ago
- 1:48Ryan Nauman Zephyr: or
- 1:48Ryan Nauman Zephyr: so
- 1:49Ryan Nauman Zephyr: was
- 1:49Ryan Nauman Zephyr: fantastic.
- 1:50Ryan Nauman Zephyr: It's
- 1:50Ryan Nauman Zephyr: an
- 1:51Ryan Nauman Zephyr: honor
- 1:51Ryan Nauman Zephyr: to
- 1:51Ryan Nauman Zephyr: have
- 1:51Ryan Nauman Zephyr: you
- 1:51Ryan Nauman Zephyr: back
- 1:52Ryan Nauman Zephyr: on.
- 1:52Ryan Nauman Zephyr: Glad
- 1:52Ryan Nauman Zephyr: I
- 1:52Ryan Nauman Zephyr: didn't
- 1:52Ryan Nauman Zephyr: scare
- 1:53Ryan Nauman Zephyr: you
- 1:53Ryan Nauman Zephyr: away
- 1:54Ryan Nauman Zephyr: after
- 1:54Ryan Nauman Zephyr: the
- 1:55Ryan Nauman Zephyr: first
- 1:55Ryan Nauman Zephyr: one.
- 1:56Ryan Nauman Zephyr: Um,
- 1:56Ryan Nauman Zephyr: can
- 1:56Ryan Nauman Zephyr: you
- 1:56Ryan Nauman Zephyr: please
- 1:57Ryan Nauman Zephyr: tell
- 1:57Ryan Nauman Zephyr: us
- 1:57Ryan Nauman Zephyr: a
- 1:57Ryan Nauman Zephyr: little
- 1:57Ryan Nauman Zephyr: bit
- 1:57Ryan Nauman Zephyr: more
- 1:58Ryan Nauman Zephyr: about
- 1:58Ryan Nauman Zephyr: yourself
- 1:58Ryan Nauman Zephyr: and
- 1:59Ryan Nauman Zephyr: Advisors
- 2:00Ryan Nauman Zephyr: Asset
- 2:00Ryan Nauman Zephyr: Management?
- 2:01Lance McGray Advisors Asset Management: Yeah.
- 2:02Lance McGray Advisors Asset Management: Well,
- 2:02Lance McGray Advisors Asset Management: Ryan,
- 2:02Lance McGray Advisors Asset Management: you
- 2:02Lance McGray Advisors Asset Management: know,
- 2:02Lance McGray Advisors Asset Management: it's
- 2:02Lance McGray Advisors Asset Management: always,
- 2:03Lance McGray Advisors Asset Management: it's
- 2:03Lance McGray Advisors Asset Management: always
- 2:03Lance McGray Advisors Asset Management: good
- 2:04Lance McGray Advisors Asset Management: catching
- 2:04Lance McGray Advisors Asset Management: up
- 2:04Lance McGray Advisors Asset Management: with
- 2:04Lance McGray Advisors Asset Management: you,
- 2:04Lance McGray Advisors Asset Management: whether
- 2:05Lance McGray Advisors Asset Management: it's
- 2:05Lance McGray Advisors Asset Management: on
- 2:05Lance McGray Advisors Asset Management: your
- 2:05Lance McGray Advisors Asset Management: podcast
- 2:06Lance McGray Advisors Asset Management: or
- 2:06Lance McGray Advisors Asset Management: some
- 2:06Lance McGray Advisors Asset Management: of
- 2:06Lance McGray Advisors Asset Management: the,
- 2:07Lance McGray Advisors Asset Management: uh,
- 2:07Lance McGray Advisors Asset Management: the
- 2:07Lance McGray Advisors Asset Management: ETF
- 2:08Lance McGray Advisors Asset Management: industry
- 2:09Lance McGray Advisors Asset Management: events.
- 2:09Lance McGray Advisors Asset Management: You
- 2:09Lance McGray Advisors Asset Management: know,
- 2:09Lance McGray Advisors Asset Management: it's
- 2:10Lance McGray Advisors Asset Management: always,
- 2:10Lance McGray Advisors Asset Management: it's
- 2:11Lance McGray Advisors Asset Management: always
- 2:11Lance McGray Advisors Asset Management: a
- 2:11Lance McGray Advisors Asset Management: blast
- 2:11Lance McGray Advisors Asset Management: catching
- 2:11Lance McGray Advisors Asset Management: up
- 2:12Lance McGray Advisors Asset Management: with
- 2:12Lance McGray Advisors Asset Management: you.
- 2:12Lance McGray Advisors Asset Management: So,
- 2:12Lance McGray Advisors Asset Management: thanks
- 2:12Lance McGray Advisors Asset Management: for
- 2:12Lance McGray Advisors Asset Management: the
- 2:13Lance McGray Advisors Asset Management: invite.
- 2:13Lance McGray Advisors Asset Management: Um,
- 2:14Lance McGray Advisors Asset Management: I
- 2:14Lance McGray Advisors Asset Management: will
- 2:14Lance McGray Advisors Asset Management: always
- 2:15Lance McGray Advisors Asset Management: accept
- 2:15Lance McGray Advisors Asset Management: and,
- 2:16Lance McGray Advisors Asset Management: uh-
- 2:16Lance McGray Advisors Asset Management: certainly
- 2:16Lance McGray Advisors Asset Management: look
- 2:16Lance McGray Advisors Asset Management: forward
- 2:17Lance McGray Advisors Asset Management: to
- 2:17Lance McGray Advisors Asset Management: it.
- 2:17Lance McGray Advisors Asset Management: You
- 2:17Lance McGray Advisors Asset Management: know,
- 2:18Lance McGray Advisors Asset Management: it's
- 2:18Lance McGray Advisors Asset Management: not
- 2:18Lance McGray Advisors Asset Management: too
- 2:18Lance McGray Advisors Asset Management: often
- 2:18Lance McGray Advisors Asset Management: you
- 2:19Lance McGray Advisors Asset Management: can
- 2:19Lance McGray Advisors Asset Management: say,
- 2:19Lance McGray Advisors Asset Management: "Oh,
- 2:19Lance McGray Advisors Asset Management: let's
- 2:19Lance McGray Advisors Asset Management: talk
- 2:19Lance McGray Advisors Asset Management: about
- 2:20Lance McGray Advisors Asset Management: ETFs
- 2:20Lance McGray Advisors Asset Management: and
- 2:20Lance McGray Advisors Asset Management: sports
- 2:21Lance McGray Advisors Asset Management: cards,"
- 2:21Lance McGray Advisors Asset Management: and,
- 2:22Lance McGray Advisors Asset Management: you
- 2:22Lance McGray Advisors Asset Management: know,
- 2:22Lance McGray Advisors Asset Management: if
- 2:22Lance McGray Advisors Asset Management: you
- 2:22Lance McGray Advisors Asset Management: wanna
- 2:23Lance McGray Advisors Asset Management: go
- 2:23Lance McGray Advisors Asset Management: down
- 2:23Lance McGray Advisors Asset Management: that
- 2:24Lance McGray Advisors Asset Management: road,
- 2:24Lance McGray Advisors Asset Management: I'm,
- 2:24Lance McGray Advisors Asset Management: I'm
- 2:24Lance McGray Advisors Asset Management: always,
- 2:25Lance McGray Advisors Asset Management: uh,
- 2:25Lance McGray Advisors Asset Management: always
- 2:26Lance McGray Advisors Asset Management: able
- 2:26Lance McGray Advisors Asset Management: and
- 2:26Lance McGray Advisors Asset Management: willing
- 2:26Lance McGray Advisors Asset Management: to
- 2:27Lance McGray Advisors Asset Management: talk.
- 2:27Lance McGray Advisors Asset Management: So,
- 2:27Lance McGray Advisors Asset Management: thank
- 2:27Lance McGray Advisors Asset Management: you
- 2:27Lance McGray Advisors Asset Management: again.
- 2:28Lance McGray Advisors Asset Management: Um,
- 2:29Lance McGray Advisors Asset Management: so
- 2:29Lance McGray Advisors Asset Management: for,
- 2:30Lance McGray Advisors Asset Management: for
- 2:30Lance McGray Advisors Asset Management: your
- 2:30Lance McGray Advisors Asset Management: viewers,
- 2:31Lance McGray Advisors Asset Management: um,
- 2:32Lance McGray Advisors Asset Management: you
- 2:32Lance McGray Advisors Asset Management: know,
- 2:32Lance McGray Advisors Asset Management: just
- 2:32Lance McGray Advisors Asset Management: to
- 2:32Lance McGray Advisors Asset Management: give
- 2:32Lance McGray Advisors Asset Management: you
- 2:33Lance McGray Advisors Asset Management: a
- 2:33Lance McGray Advisors Asset Management: high-level
- 2:33Lance McGray Advisors Asset Management: background
- 2:34Lance McGray Advisors Asset Management: on
- 2:34Lance McGray Advisors Asset Management: myself,
- 2:34Lance McGray Advisors Asset Management: you
- 2:34Lance McGray Advisors Asset Management: know,
- 2:35Lance McGray Advisors Asset Management: obviously
- 2:35Lance McGray Advisors Asset Management: sports
- 2:36Lance McGray Advisors Asset Management: is
- 2:36Lance McGray Advisors Asset Management: very
- 2:36Lance McGray Advisors Asset Management: close
- 2:36Lance McGray Advisors Asset Management: to,
- 2:37Lance McGray Advisors Asset Management: to
- 2:37Lance McGray Advisors Asset Management: who
- 2:37Lance McGray Advisors Asset Management: I
- 2:37Lance McGray Advisors Asset Management: am
- 2:38Lance McGray Advisors Asset Management: and
- 2:38Lance McGray Advisors Asset Management: what
- 2:38Lance McGray Advisors Asset Management: I've
- 2:38Lance McGray Advisors Asset Management: done.
- 2:39Lance McGray Advisors Asset Management: I
- 2:39Lance McGray Advisors Asset Management: was
- 2:39Lance McGray Advisors Asset Management: a
- 2:39Lance McGray Advisors Asset Management: Division
- 2:39Lance McGray Advisors Asset Management: 1
- 2:39Lance McGray Advisors Asset Management: golfer.
- 2:40Lance McGray Advisors Asset Management: Um,
- 2:41Lance McGray Advisors Asset Management: and
- 2:42Lance McGray Advisors Asset Management: you
- 2:42Lance McGray Advisors Asset Management: know,
- 2:42Lance McGray Advisors Asset Management: because
- 2:43Lance McGray Advisors Asset Management: of
- 2:43Lance McGray Advisors Asset Management: that,
- 2:43Lance McGray Advisors Asset Management: I
- 2:43Lance McGray Advisors Asset Management: always
- 2:43Lance McGray Advisors Asset Management: thought
- 2:44Lance McGray Advisors Asset Management: I
- 2:44Lance McGray Advisors Asset Management: was
- 2:44Lance McGray Advisors Asset Management: gonna
- 2:44Lance McGray Advisors Asset Management: end
- 2:44Lance McGray Advisors Asset Management: up
- 2:44Lance McGray Advisors Asset Management: in
- 2:45Lance McGray Advisors Asset Management: the
- 2:45Lance McGray Advisors Asset Management: golf
- 2:45Lance McGray Advisors Asset Management: industry,
- 2:46Lance McGray Advisors Asset Management: you
- 2:46Lance McGray Advisors Asset Management: know.
- 2:46Lance McGray Advisors Asset Management: Maybe
- 2:46Lance McGray Advisors Asset Management: not
- 2:47Lance McGray Advisors Asset Management: a
- 2:47Lance McGray Advisors Asset Management: tour
- 2:47Lance McGray Advisors Asset Management: pro,
- 2:47Lance McGray Advisors Asset Management: but
- 2:48Lance McGray Advisors Asset Management: a
- 2:48Lance McGray Advisors Asset Management: club
- 2:48Lance McGray Advisors Asset Management: pro
- 2:48Lance McGray Advisors Asset Management: or
- 2:48Lance McGray Advisors Asset Management: teaching
- 2:49Lance McGray Advisors Asset Management: pro
- 2:49Lance McGray Advisors Asset Management: or...
- 2:50Lance McGray Advisors Asset Management: And
- 2:50Lance McGray Advisors Asset Management: if
- 2:50Lance McGray Advisors Asset Management: it
- 2:50Lance McGray Advisors Asset Management: didn't
- 2:51Lance McGray Advisors Asset Management: work
- 2:51Lance McGray Advisors Asset Management: out
- 2:51Lance McGray Advisors Asset Management: in
- 2:51Lance McGray Advisors Asset Management: the
- 2:51Lance McGray Advisors Asset Management: golf
- 2:51Lance McGray Advisors Asset Management: industry,
- 2:52Lance McGray Advisors Asset Management: you
- 2:52Lance McGray Advisors Asset Management: know,
- 2:53Lance McGray Advisors Asset Management: stay
- 2:53Lance McGray Advisors Asset Management: in
- 2:53Lance McGray Advisors Asset Management: sports
- 2:54Lance McGray Advisors Asset Management: somehow.
- 2:54Lance McGray Advisors Asset Management: But,
- 2:55Lance McGray Advisors Asset Management: you
- 2:55Lance McGray Advisors Asset Management: know,
- 2:55Lance McGray Advisors Asset Management: after
- 2:55Lance McGray Advisors Asset Management: grad
- 2:56Lance McGray Advisors Asset Management: school,
- 2:56Lance McGray Advisors Asset Management: I
- 2:56Lance McGray Advisors Asset Management: realized,
- 2:57Lance McGray Advisors Asset Management: you
- 2:57Lance McGray Advisors Asset Management: know,
- 2:57Lance McGray Advisors Asset Management: the,
- 2:57Lance McGray Advisors Asset Management: uh,
- 2:58Lance McGray Advisors Asset Management: the,
- 2:58Lance McGray Advisors Asset Management: the
- 2:58Lance McGray Advisors Asset Management: money
- 2:58Lance McGray Advisors Asset Management: in
- 2:58Lance McGray Advisors Asset Management: the
- 2:59Lance McGray Advisors Asset Management: sports
- 2:59Lance McGray Advisors Asset Management: industry
- 2:59Lance McGray Advisors Asset Management: at
- 2:59Lance McGray Advisors Asset Management: that
- 3:00Lance McGray Advisors Asset Management: time
- 3:00Lance McGray Advisors Asset Management: was,
- 3:00Lance McGray Advisors Asset Management: wasn't
- 3:00Lance McGray Advisors Asset Management: too
- 3:01Lance McGray Advisors Asset Management: flattering.
- 3:01Lance McGray Advisors Asset Management: And,
- 3:02Lance McGray Advisors Asset Management: uh,
- 3:02Lance McGray Advisors Asset Management: I
- 3:02Lance McGray Advisors Asset Management: was
- 3:02Lance McGray Advisors Asset Management: very
- 3:03Lance McGray Advisors Asset Management: fortunate
- 3:03Lance McGray Advisors Asset Management: to,
- 3:04Lance McGray Advisors Asset Management: to
- 3:04Lance McGray Advisors Asset Management: get,
- 3:04Lance McGray Advisors Asset Management: uh,
- 3:05Lance McGray Advisors Asset Management: exposed
- 3:06Lance McGray Advisors Asset Management: to
- 3:06Lance McGray Advisors Asset Management: the
- 3:06Lance McGray Advisors Asset Management: financial
- 3:07Lance McGray Advisors Asset Management: markets.
- 3:07Lance McGray Advisors Asset Management: Um,
- 3:08Lance McGray Advisors Asset Management: I
- 3:08Lance McGray Advisors Asset Management: was
- 3:08Lance McGray Advisors Asset Management: fortunate
- 3:08Lance McGray Advisors Asset Management: after
- 3:09Lance McGray Advisors Asset Management: grad
- 3:09Lance McGray Advisors Asset Management: school
- 3:09Lance McGray Advisors Asset Management: to
- 3:09Lance McGray Advisors Asset Management: start
- 3:10Lance McGray Advisors Asset Management: with
- 3:10Lance McGray Advisors Asset Management: a,
- 3:11Lance McGray Advisors Asset Management: uh,
- 3:11Lance McGray Advisors Asset Management: fairly
- 3:12Lance McGray Advisors Asset Management: prominent
- 3:12Lance McGray Advisors Asset Management: hedge
- 3:12Lance McGray Advisors Asset Management: fund
- 3:12Lance McGray Advisors Asset Management: in
- 3:13Lance McGray Advisors Asset Management: Greenwich,
- 3:13Lance McGray Advisors Asset Management: Connecticut
- 3:13Lance McGray Advisors Asset Management: out
- 3:14Lance McGray Advisors Asset Management: of
- 3:14Lance McGray Advisors Asset Management: college.
- 3:14Lance McGray Advisors Asset Management: Um,
- 3:15Lance McGray Advisors Asset Management: and
- 3:15Lance McGray Advisors Asset Management: I
- 3:15Lance McGray Advisors Asset Management: spent
- 3:15Lance McGray Advisors Asset Management: a
- 3:16Lance McGray Advisors Asset Management: number
- 3:16Lance McGray Advisors Asset Management: of
- 3:16Lance McGray Advisors Asset Management: years
- 3:16Lance McGray Advisors Asset Management: there,
- 3:16Lance McGray Advisors Asset Management: learned
- 3:17Lance McGray Advisors Asset Management: a
- 3:17Lance McGray Advisors Asset Management: lot
- 3:17Lance McGray Advisors Asset Management: about
- 3:17Lance McGray Advisors Asset Management: the
- 3:18Lance McGray Advisors Asset Management: industry.
- 3:18Lance McGray Advisors Asset Management: It
- 3:18Lance McGray Advisors Asset Management: was
- 3:18Lance McGray Advisors Asset Management: a
- 3:18Lance McGray Advisors Asset Management: $3
- 3:19Lance McGray Advisors Asset Management: billion
- 3:19Lance McGray Advisors Asset Management: relative
- 3:20Lance McGray Advisors Asset Management: value
- 3:20Lance McGray Advisors Asset Management: hedge
- 3:20Lance McGray Advisors Asset Management: fund.
- 3:21Lance McGray Advisors Asset Management: Um,
- 3:21Lance McGray Advisors Asset Management: and
- 3:22Lance McGray Advisors Asset Management: unfortunately,
- 3:22Lance McGray Advisors Asset Management: in
- 3:22Lance McGray Advisors Asset Management: 2008,
- 3:22Lance McGray Advisors Asset Management: 2009,
- 3:24Lance McGray Advisors Asset Management: like
- 3:24Lance McGray Advisors Asset Management: many
- 3:24Lance McGray Advisors Asset Management: hedge
- 3:24Lance McGray Advisors Asset Management: funds,
- 3:25Lance McGray Advisors Asset Management: we
- 3:25Lance McGray Advisors Asset Management: closed
- 3:25Lance McGray Advisors Asset Management: up.
- 3:26Lance McGray Advisors Asset Management: Um,
- 3:27Lance McGray Advisors Asset Management: so
- 3:27Lance McGray Advisors Asset Management: not
- 3:27Lance McGray Advisors Asset Management: surprising,
- 3:28Lance McGray Advisors Asset Management: um,
- 3:29Lance McGray Advisors Asset Management: I
- 3:29Lance McGray Advisors Asset Management: had
- 3:29Lance McGray Advisors Asset Management: to
- 3:29Lance McGray Advisors Asset Management: make
- 3:30Lance McGray Advisors Asset Management: a
- 3:30Lance McGray Advisors Asset Management: pivot.
- 3:30Lance McGray Advisors Asset Management: I
- 3:30Lance McGray Advisors Asset Management: had
- 3:31Lance McGray Advisors Asset Management: the
- 3:31Lance McGray Advisors Asset Management: ability
- 3:31Lance McGray Advisors Asset Management: to,
- 3:31Lance McGray Advisors Asset Management: to
- 3:32Lance McGray Advisors Asset Management: join
- 3:32Lance McGray Advisors Asset Management: a
- 3:32Lance McGray Advisors Asset Management: startup
- 3:33Lance McGray Advisors Asset Management: hedge
- 3:33Lance McGray Advisors Asset Management: fund
- 3:33Lance McGray Advisors Asset Management: also
- 3:33Lance McGray Advisors Asset Management: by
- 3:34Lance McGray Advisors Asset Management: the
- 3:34Lance McGray Advisors Asset Management: same
- 3:34Lance McGray Advisors Asset Management: founders,
- 3:35Lance McGray Advisors Asset Management: um,
- 3:35Lance McGray Advisors Asset Management: or,
- 3:36Lance McGray Advisors Asset Management: uh,
- 3:37Lance McGray Advisors Asset Management: do
- 3:37Lance McGray Advisors Asset Management: a
- 3:37Lance McGray Advisors Asset Management: complete
- 3:38Lance McGray Advisors Asset Management: 180
- 3:38Lance McGray Advisors Asset Management: and
- 3:39Lance McGray Advisors Asset Management: go
- 3:39Lance McGray Advisors Asset Management: into
- 3:39Lance McGray Advisors Asset Management: the
- 3:39Lance McGray Advisors Asset Management: world
- 3:40Lance McGray Advisors Asset Management: of
- 3:40Lance McGray Advisors Asset Management: ETFs
- 3:41Lance McGray Advisors Asset Management: with
- 3:41Lance McGray Advisors Asset Management: a
- 3:41Lance McGray Advisors Asset Management: former
- 3:41Lance McGray Advisors Asset Management: colleague
- 3:41Lance McGray Advisors Asset Management: of
- 3:42Lance McGray Advisors Asset Management: mine.
- 3:42Lance McGray Advisors Asset Management: And,
- 3:43Lance McGray Advisors Asset Management: you
- 3:43Lance McGray Advisors Asset Management: know,
- 3:43Lance McGray Advisors Asset Management: I'm
- 3:43Lance McGray Advisors Asset Management: happy
- 3:44Lance McGray Advisors Asset Management: to
- 3:44Lance McGray Advisors Asset Management: report,
- 3:44Lance McGray Advisors Asset Management: you
- 3:45Lance McGray Advisors Asset Management: know,
- 3:45Lance McGray Advisors Asset Management: that
- 3:45Lance McGray Advisors Asset Management: was
- 3:45Lance McGray Advisors Asset Management: almost
- 3:46Lance McGray Advisors Asset Management: 20
- 3:46Lance McGray Advisors Asset Management: years
- 3:46Lance McGray Advisors Asset Management: ago.
- 3:47Lance McGray Advisors Asset Management: Um,
- 3:48Lance McGray Advisors Asset Management: I've
- 3:48Lance McGray Advisors Asset Management: been
- 3:48Lance McGray Advisors Asset Management: in
- 3:48Lance McGray Advisors Asset Management: the
- 3:48Lance McGray Advisors Asset Management: ETF
- 3:49Lance McGray Advisors Asset Management: business
- 3:49Lance McGray Advisors Asset Management: ever
- 3:49Lance McGray Advisors Asset Management: since.
- 3:50Lance McGray Advisors Asset Management: I've
- 3:50Lance McGray Advisors Asset Management: launched,
- 3:51Lance McGray Advisors Asset Management: have
- 3:51Lance McGray Advisors Asset Management: been
- 3:51Lance McGray Advisors Asset Management: part
- 3:52Lance McGray Advisors Asset Management: of
- 3:52Lance McGray Advisors Asset Management: either
- 3:52Lance McGray Advisors Asset Management: leading,
- 3:53Lance McGray Advisors Asset Management: spearheading,
- 3:54Lance McGray Advisors Asset Management: or,
- 3:54Lance McGray Advisors Asset Management: or
- 3:54Lance McGray Advisors Asset Management: heavily
- 3:55Lance McGray Advisors Asset Management: involved
- 3:55Lance McGray Advisors Asset Management: in
- 3:55Lance McGray Advisors Asset Management: over
- 3:55Lance McGray Advisors Asset Management: 80
- 3:56Lance McGray Advisors Asset Management: ETF
- 3:56Lance McGray Advisors Asset Management: launches
- 3:57Lance McGray Advisors Asset Management: at
- 3:57Lance McGray Advisors Asset Management: three
- 3:57Lance McGray Advisors Asset Management: different
- 3:58Lance McGray Advisors Asset Management: ETF
- 3:59Lance McGray Advisors Asset Management: issuers.
- 3:59Lance McGray Advisors Asset Management: Um,
- 4:00Lance McGray Advisors Asset Management: and
- 4:00Lance McGray Advisors Asset Management: I
- 4:00Lance McGray Advisors Asset Management: think
- 4:00Lance McGray Advisors Asset Management: it's
- 4:00Lance McGray Advisors Asset Management: safe
- 4:00Lance McGray Advisors Asset Management: to
- 4:00Lance McGray Advisors Asset Management: say
- 4:01Lance McGray Advisors Asset Management: that
- 4:01Lance McGray Advisors Asset Management: I,
- 4:01Lance McGray Advisors Asset Management: I
- 4:01Lance McGray Advisors Asset Management: certainly
- 4:02Lance McGray Advisors Asset Management: am,
- 4:03Lance McGray Advisors Asset Management: you
- 4:03Lance McGray Advisors Asset Management: know,
- 4:03Lance McGray Advisors Asset Management: have
- 4:03Lance McGray Advisors Asset Management: migrated
- 4:04Lance McGray Advisors Asset Management: away
- 4:04Lance McGray Advisors Asset Management: from,
- 4:05Lance McGray Advisors Asset Management: you
- 4:05Lance McGray Advisors Asset Management: know,
- 4:05Lance McGray Advisors Asset Management: hedge
- 4:06Lance McGray Advisors Asset Management: fund
- 4:06Lance McGray Advisors Asset Management: world,
- 4:07Lance McGray Advisors Asset Management: um,
- 4:07Lance McGray Advisors Asset Management: to,
- 4:08Lance McGray Advisors Asset Management: you
- 4:08Lance McGray Advisors Asset Management: know,
- 4:08Lance McGray Advisors Asset Management: drinking
- 4:09Lance McGray Advisors Asset Management: the
- 4:09Lance McGray Advisors Asset Management: ETF
- 4:09Lance McGray Advisors Asset Management: Kool-Aid-
- 4:10Lance McGray Advisors Asset Management: um,
- 4:10Lance McGray Advisors Asset Management: because
- 4:11Lance McGray Advisors Asset Management: of
- 4:11Lance McGray Advisors Asset Management: the
- 4:11Lance McGray Advisors Asset Management: wrapper.
- 4:12Lance McGray Advisors Asset Management: The,
- 4:12Lance McGray Advisors Asset Management: the,
- 4:13Lance McGray Advisors Asset Management: you
- 4:13Lance McGray Advisors Asset Management: know,
- 4:13Lance McGray Advisors Asset Management: the,
- 4:13Lance McGray Advisors Asset Management: all
- 4:13Lance McGray Advisors Asset Management: the
- 4:13Lance McGray Advisors Asset Management: benefits
- 4:14Lance McGray Advisors Asset Management: that
- 4:14Lance McGray Advisors Asset Management: the
- 4:14Lance McGray Advisors Asset Management: ETF
- 4:15Lance McGray Advisors Asset Management: wrapper
- 4:15Lance McGray Advisors Asset Management: provides,
- 4:16Lance McGray Advisors Asset Management: not
- 4:16Lance McGray Advisors Asset Management: only
- 4:16Lance McGray Advisors Asset Management: institutional,
- 4:17Lance McGray Advisors Asset Management: but,
- 4:18Lance McGray Advisors Asset Management: but
- 4:18Lance McGray Advisors Asset Management: retail
- 4:18Lance McGray Advisors Asset Management: investors
- 4:19Lance McGray Advisors Asset Management: as
- 4:19Lance McGray Advisors Asset Management: well.
- 4:20Lance McGray Advisors Asset Management: Um,
- 4:20Lance McGray Advisors Asset Management: you
- 4:20Lance McGray Advisors Asset Management: know,
- 4:20Lance McGray Advisors Asset Management: high-level
- 4:21Lance McGray Advisors Asset Management: overview
- 4:22Lance McGray Advisors Asset Management: of
- 4:22Lance McGray Advisors Asset Management: AAM,
- 4:22Lance McGray Advisors Asset Management: we've
- 4:22Lance McGray Advisors Asset Management: been
- 4:23Lance McGray Advisors Asset Management: around
- 4:23Lance McGray Advisors Asset Management: since
- 4:23Lance McGray Advisors Asset Management: 1979.
- 4:25Lance McGray Advisors Asset Management: Um,
- 4:25Lance McGray Advisors Asset Management: we
- 4:25Lance McGray Advisors Asset Management: are
- 4:25Lance McGray Advisors Asset Management: one
- 4:26Lance McGray Advisors Asset Management: of
- 4:26Lance McGray Advisors Asset Management: the
- 4:26Lance McGray Advisors Asset Management: few
- 4:27Lance McGray Advisors Asset Management: shops
- 4:27Lance McGray Advisors Asset Management: that
- 4:28Lance McGray Advisors Asset Management: are,
- 4:28Lance McGray Advisors Asset Management: is
- 4:28Lance McGray Advisors Asset Management: really,
- 4:29Lance McGray Advisors Asset Management: you
- 4:29Lance McGray Advisors Asset Management: know,
- 4:29Lance McGray Advisors Asset Management: wrapper
- 4:30Lance McGray Advisors Asset Management: agnostic.
- 4:30Lance McGray Advisors Asset Management: So
- 4:30Lance McGray Advisors Asset Management: what
- 4:31Lance McGray Advisors Asset Management: I
- 4:31Lance McGray Advisors Asset Management: mean
- 4:31Lance McGray Advisors Asset Management: by
- 4:31Lance McGray Advisors Asset Management: that
- 4:31Lance McGray Advisors Asset Management: is
- 4:31Lance McGray Advisors Asset Management: we
- 4:31Lance McGray Advisors Asset Management: have
- 4:32Lance McGray Advisors Asset Management: a
- 4:32Lance McGray Advisors Asset Management: bond
- 4:32Lance McGray Advisors Asset Management: broker-dealer
- 4:33Lance McGray Advisors Asset Management: arm.
- 4:33Lance McGray Advisors Asset Management: We
- 4:33Lance McGray Advisors Asset Management: have,
- 4:34Lance McGray Advisors Asset Management: uh,
- 4:34Lance McGray Advisors Asset Management: a
- 4:34Lance McGray Advisors Asset Management: very,
- 4:35Lance McGray Advisors Asset Management: uh,
- 4:35Lance McGray Advisors Asset Management: thriving
- 4:35Lance McGray Advisors Asset Management: unit
- 4:36Lance McGray Advisors Asset Management: investment
- 4:36Lance McGray Advisors Asset Management: trust
- 4:36Lance McGray Advisors Asset Management: business.
- 4:37Lance McGray Advisors Asset Management: We
- 4:37Lance McGray Advisors Asset Management: have
- 4:37Lance McGray Advisors Asset Management: SMAs
- 4:38Lance McGray Advisors Asset Management: and
- 4:38Lance McGray Advisors Asset Management: mutual
- 4:38Lance McGray Advisors Asset Management: funds.
- 4:39Lance McGray Advisors Asset Management: Um,
- 4:39Lance McGray Advisors Asset Management: and
- 4:39Lance McGray Advisors Asset Management: obviously,
- 4:40Lance McGray Advisors Asset Management: I've
- 4:40Lance McGray Advisors Asset Management: been
- 4:41Lance McGray Advisors Asset Management: spearheading
- 4:41Lance McGray Advisors Asset Management: the
- 4:41Lance McGray Advisors Asset Management: ETF
- 4:41Lance McGray Advisors Asset Management: business,
- 4:42Lance McGray Advisors Asset Management: which
- 4:42Lance McGray Advisors Asset Management: we've,
- 4:43Lance McGray Advisors Asset Management: we've
- 4:43Lance McGray Advisors Asset Management: organically
- 4:44Lance McGray Advisors Asset Management: been
- 4:44Lance McGray Advisors Asset Management: growing
- 4:44Lance McGray Advisors Asset Management: out
- 4:44Lance McGray Advisors Asset Management: for
- 4:45Lance McGray Advisors Asset Management: the
- 4:45Lance McGray Advisors Asset Management: last
- 4:45Lance McGray Advisors Asset Management: eight
- 4:46Lance McGray Advisors Asset Management: years
- 4:46Lance McGray Advisors Asset Management: or
- 4:46Lance McGray Advisors Asset Management: so.
- 4:47Lance McGray Advisors Asset Management: I'm
- 4:47Lance McGray Advisors Asset Management: happy
- 4:47Lance McGray Advisors Asset Management: to
- 4:47Lance McGray Advisors Asset Management: report
- 4:48Lance McGray Advisors Asset Management: we
- 4:48Lance McGray Advisors Asset Management: have
- 4:48Lance McGray Advisors Asset Management: active
- 4:48Lance McGray Advisors Asset Management: funds,
- 4:49Lance McGray Advisors Asset Management: passive
- 4:49Lance McGray Advisors Asset Management: funds,
- 4:50Lance McGray Advisors Asset Management: um,
- 4:51Lance McGray Advisors Asset Management: and,
- 4:52Lance McGray Advisors Asset Management: uh,
- 4:52Lance McGray Advisors Asset Management: we
- 4:52Lance McGray Advisors Asset Management: are
- 4:52Lance McGray Advisors Asset Management: on
- 4:52Lance McGray Advisors Asset Management: the
- 4:53Lance McGray Advisors Asset Management: precipice
- 4:53Lance McGray Advisors Asset Management: of
- 4:54Lance McGray Advisors Asset Management: reaching
- 4:54Lance McGray Advisors Asset Management: a
- 4:54Lance McGray Advisors Asset Management: billion
- 4:55Lance McGray Advisors Asset Management: dollars
- 4:55Lance McGray Advisors Asset Management: in
- 4:55Lance McGray Advisors Asset Management: our
- 4:55Lance McGray Advisors Asset Management: ETF.
- 4:56Lance McGray Advisors Asset Management: So
- 4:56Lance McGray Advisors Asset Management: things
- 4:57Lance McGray Advisors Asset Management: are
- 4:57Lance McGray Advisors Asset Management: looking
- 4:57Lance McGray Advisors Asset Management: up.
- 4:57Lance McGray Advisors Asset Management: In
- 4:57Lance McGray Advisors Asset Management: 2025,
- 4:58Lance McGray Advisors Asset Management: we
- 4:58Lance McGray Advisors Asset Management: won
- 4:59Lance McGray Advisors Asset Management: the
- 4:59Lance McGray Advisors Asset Management: best,
- 4:59Lance McGray Advisors Asset Management: uh,
- 5:00Lance McGray Advisors Asset Management: uh,
- 5:00Lance McGray Advisors Asset Management: mixed
- 5:01Lance McGray Advisors Asset Management: al-
- 5:01Lance McGray Advisors Asset Management: allocation
- 5:02Lance McGray Advisors Asset Management: ETF
- 5:02Lance McGray Advisors Asset Management: issuer
- 5:03Lance McGray Advisors Asset Management: under
- 5:03Lance McGray Advisors Asset Management: a
- 5:03Lance McGray Advisors Asset Management: billion
- 5:03Lance McGray Advisors Asset Management: dollars
- 5:04Lance McGray Advisors Asset Management: by
- 5:04Lance McGray Advisors Asset Management: ETF
- 5:04Lance McGray Advisors Asset Management: Express.
- 5:04Lance McGray Advisors Asset Management: So,
- 5:05Lance McGray Advisors Asset Management: you
- 5:05Lance McGray Advisors Asset Management: know,
- 5:05Lance McGray Advisors Asset Management: we,
- 5:06Lance McGray Advisors Asset Management: uh,
- 5:06Lance McGray Advisors Asset Management: we're
- 5:06Lance McGray Advisors Asset Management: in
- 5:06Lance McGray Advisors Asset Management: a
- 5:06Lance McGray Advisors Asset Management: really
- 5:07Lance McGray Advisors Asset Management: good
- 5:07Lance McGray Advisors Asset Management: place,
- 5:07Lance McGray Advisors Asset Management: and
- 5:07Lance McGray Advisors Asset Management: we're
- 5:07Lance McGray Advisors Asset Management: looking
- 5:08Lance McGray Advisors Asset Management: forward
- 5:08Lance McGray Advisors Asset Management: to,
- 5:08Lance McGray Advisors Asset Management: to
- 5:08Lance McGray Advisors Asset Management: future
- 5:09Lance McGray Advisors Asset Management: success.
- 5:10Ryan: Mm-hmm.
- 5:11Ryan: Lance,
- 5:11Ryan: that's
- 5:11Ryan: awesome.
- 5:12Ryan: I
- 5:12Ryan: love
- 5:12Ryan: to
- 5:12Ryan: hear
- 5:12Ryan: about
- 5:13Ryan: the
- 5:13Ryan: growth,
- 5:14Ryan: especially
- 5:14Ryan: in
- 5:14Ryan: a,
- 5:15Ryan: in
- 5:15Ryan: a
- 5:15Ryan: space
- 5:15Ryan: that's
- 5:15Ryan: so
- 5:16Ryan: competitive.
- 5:17Ryan: Um,
- 5:18Ryan: so
- 5:18Ryan: congratulations
- 5:19Ryan: on
- 5:19Ryan: the
- 5:20Ryan: growth
- 5:20Ryan: of
- 5:20Ryan: your
- 5:20Ryan: ETF
- 5:21Ryan: business.
- 5:21Ryan: Second,
- 5:23Ryan: sports,
- 5:24Ryan: it's
- 5:24Ryan: interesting,
- 5:25Ryan: y-
- 5:26Ryan: when
- 5:26Ryan: we
- 5:26Ryan: started
- 5:26Ryan: in
- 5:27Ryan: the
- 5:27Ryan: industry,
- 5:28Ryan: you
- 5:28Ryan: know,
- 5:28Ryan: maybe
- 5:29Ryan: the
- 5:29Ryan: investment
- 5:29Ryan: side
- 5:30Ryan: and
- 5:30Ryan: sports,
- 5:31Ryan: it,,
- 5:31Ryan: it
- 5:31Ryan: was
- 5:32Ryan: clear-cut.
- 5:32Ryan: They
- 5:32Ryan: were
- 5:33Ryan: two
- 5:33Ryan: separate
- 5:33Ryan: industries.
- 5:34Ryan: Now,
- 5:35Ryan: though,
- 5:35Ryan: don't
- 5:35Ryan: you,
- 5:35Ryan: they're
- 5:36Ryan: coming
- 5:36Ryan: together,
- 5:37Ryan: right?
- 5:37Ryan: Now,
- 5:38Ryan: individuals,
- 5:39Ryan: retail
- 5:41Ryan: investor,
- 5:41Ryan: you
- 5:42Ryan: gotta
- 5:42Ryan: have
- 5:42Ryan: money,
- 5:42Ryan: of
- 5:43Ryan: course,
- 5:43Ryan: but
- 5:43Ryan: now
- 5:44Ryan: you
- 5:44Ryan: can
- 5:44Ryan: invest
- 5:45Ryan: in
- 5:45Ryan: professional
- 5:46Ryan: sports.
- 5:47Ryan: You
- 5:47Ryan: can
- 5:47Ryan: invest
- 5:47Ryan: in
- 5:48Ryan: different,
- 5:49Ryan: you
- 5:49Ryan: know,
- 5:49Ryan: maybe
- 5:50Ryan: your
- 5:50Ryan: favorite
- 5:50Ryan: team
- 5:51Ryan: through,
- 5:52Ryan: private,
- 5:52Ryan: uh,
- 5:53Ryan: private
- 5:53Ryan: investments,
- 5:54Ryan: and
- 5:54Ryan: so
- 5:54Ryan: on.
- 5:54Ryan: So-
- 5:56Ryan: There
- 5:56Ryan: you
- 5:56Ryan: go.
- 5:56Ryan: Now
- 5:57Ryan: maybe
- 5:57Ryan: they're
- 5:57Ryan: not
- 5:57Ryan: competing
- 5:57Ryan: either
- 5:57Ryan: Yeah,
- 5:57Ryan: the
- 5:57Lance: lines
- 5:57Lance: are...
- 5:58Lance: The,
- 5:58Lance: the,
- 5:58Lance: the,
- 5:59Lance: the
- 5:59Lance: line
- 5:59Lance: it's,
- 5:59Lance: it's,
- 6:00Lance: it's
- 6:00Lance: definitely
- 6:00Lance: very
- 6:01Lance: blurred
- 6:01Lance: right
- 6:01Lance: now,
- 6:02Lance: a-
- 6:02Lance: and
- 6:02Lance: it's,
- 6:02Lance: uh,
- 6:02Lance: I
- 6:03Lance: expect
- 6:03Lance: that
- 6:03Lance: to
- 6:03Lance: continue
- 6:04Lance: in
- 6:04Lance: the
- 6:04Lance: future.
- 6:04Lance: Absolutely.
- 6:06Ryan: Yeah,
- 6:06Ryan: I
- 6:06Ryan: do
- 6:06Ryan: too,
- 6:07Ryan: especially
- 6:07Ryan: with
- 6:08Ryan: the
- 6:08Ryan: advancement
- 6:09Ryan: and
- 6:09Ryan: the
- 6:10Ryan: ev-
- 6:10Ryan: innovation
- 6:11Ryan: of
- 6:11Ryan: private
- 6:11Ryan: markets,
- 6:12Ryan: and,
- 6:13Ryan: and
- 6:13Ryan: a
- 6:13Ryan: lot
- 6:13Ryan: of
- 6:13Ryan: these
- 6:14Ryan: sports
- 6:14Ryan: teams,
- 6:14Ryan: they
- 6:14Ryan: want
- 6:15Ryan: money
- 6:15Ryan: too,
- 6:15Ryan: so
- 6:15Ryan: maybe
- 6:16Ryan: they're,
- 6:16Ryan: bringing,
- 6:17Ryan: getting
- 6:17Ryan: more
- 6:18Ryan: exposure
- 6:18Ryan: to
- 6:19Ryan: investors,
- 6:20Ryan: the
- 6:20Ryan: regular
- 6:20Ryan: investors
- 6:21Ryan: to,
- 6:22Ryan: to
- 6:22Ryan: get
- 6:22Ryan: that
- 6:22Ryan: influx
- 6:23Ryan: of
- 6:23Ryan: money.
- 6:23Ryan: So
- 6:23Ryan: it
- 6:24Ryan: is
- 6:24Ryan: a
- 6:24Ryan: very
- 6:24Ryan: interesting
- 6:25Ryan: time.
- 6:25Ryan: Yeah.
- 6:26Ryan: We
- 6:26Ryan: could
- 6:26Ryan: talk
- 6:26Ryan: about
- 6:27Ryan: that.
- 6:27Ryan: We
- 6:27Ryan: could
- 6:27Ryan: have
- 6:27Ryan: a
- 6:27Ryan: whole
- 6:28Ryan: episode
- 6:28Ryan: just
- 6:29Ryan: on
- 6:29Ryan: that
- 6:29Ryan: lens.
- 6:30Ryan: Yeah.
- 6:31Ryan: But,
- 6:31Ryan: um-
- 6:31Lance: Yeah
- 6:32Ryan: you
- 6:32Ryan: know,
- 6:33Ryan: the
- 6:33Ryan: sports
- 6:34Ryan: card
- 6:34Ryan: market,
- 6:35Ryan: it's
- 6:35Ryan: exploded
- 6:36Ryan: recently,
- 6:37Ryan: and
- 6:37Ryan: so
- 6:37Ryan: too
- 6:38Ryan: has
- 6:38Ryan: ETF
- 6:38Ryan: markets.
- 6:39Ryan: It's
- 6:39Ryan: kinda
- 6:39Ryan: interesting
- 6:40Ryan: how
- 6:40Ryan: that
- 6:41Ryan: the
- 6:41Ryan: growth
- 6:41Ryan: has
- 6:42Ryan: coincided
- 6:43Ryan: with
- 6:43Ryan: one
- 6:43Ryan: another.
- 6:44Ryan: There
- 6:44Ryan: are
- 6:44Ryan: now
- 6:44Ryan: more
- 6:45Ryan: US
- 6:46Ryan: ETFs
- 6:47Ryan: than
- 6:47Ryan: stocks,
- 6:47Ryan: which
- 6:48Ryan: is
- 6:48Ryan: amazing
- 6:49Ryan: to
- 6:49Ryan: me.
- 6:49Ryan: Can
- 6:50Ryan: you
- 6:50Ryan: talk
- 6:50Ryan: us
- 6:50Ryan: through
- 6:51Ryan: the
- 6:52Ryan: parallels
- 6:53Ryan: or
- 6:53Ryan: the,
- 6:53Ryan: the
- 6:53Ryan: similarities
- 6:54Ryan: between
- 6:54Ryan: the
- 6:55Ryan: two
- 6:55Ryan: markets,
- 6:55Ryan: and
- 6:56Ryan: does
- 6:56Ryan: the
- 6:56Ryan: growth
- 6:57Ryan: in
- 6:57Ryan: products
- 6:58Ryan: on
- 6:58Ryan: both,
- 6:59Ryan: on
- 6:59Ryan: the
- 7:00Ryan: sports
- 7:00Ryan: card
- 7:00Ryan: side
- 7:01Ryan: and
- 7:02Ryan: on
- 7:02Ryan: the,
- 7:03Ryan: ETF
- 7:03Ryan: side,
- 7:04Ryan: create
- 7:04Ryan: noise
- 7:05Ryan: for
- 7:05Ryan: financial
- 7:06Ryan: advisors
- 7:06Ryan: when
- 7:07Ryan: they're
- 7:07Ryan: looking
- 7:07Ryan: for
- 7:07Ryan: that
- 7:07Ryan: perfect
- 7:08Ryan: ETF,
- 7:08Ryan: or
- 7:09Ryan: somebody
- 7:09Ryan: like
- 7:09Ryan: me
- 7:10Ryan: and
- 7:10Ryan: my
- 7:10Ryan: son
- 7:10Ryan: looking
- 7:11Ryan: for
- 7:11Ryan: that
- 7:11Ryan: perfect
- 7:12Ryan: holy
- 7:12Ryan: grail
- 7:13Ryan: of
- 7:13Ryan: a
- 7:13Ryan: investment
- 7:14Ryan: or
- 7:14Ryan: baseball
- 7:15Ryan: card?
- 7:16Lance: You
- 7:16Lance: know
- 7:16Lance: what,
- 7:16Lance: it,
- 7:17Lance: it,
- 7:17Lance: it's
- 7:17Lance: crazy,
- 7:17Lance: and
- 7:18Lance: I,
- 7:18Lance: I
- 7:18Lance: really
- 7:18Lance: hadn't
- 7:18Lance: been
- 7:19Lance: thinking
- 7:19Lance: about
- 7:19Lance: this
- 7:20Lance: u-
- 7:20Lance: until
- 7:20Lance: recently,
- 7:21Lance: you
- 7:21Lance: know,
- 7:21Lance: until
- 7:21Lance: we
- 7:21Lance: started
- 7:22Lance: talking
- 7:22Lance: about
- 7:22Lance: how
- 7:22Lance: these
- 7:23Lance: two
- 7:23Lance: markets,
- 7:24Lance: uh,
- 7:24Lance: are,
- 7:24Lance: are
- 7:24Lance: so
- 7:25Lance: very
- 7:25Lance: similar,
- 7:25Lance: right?
- 7:26Lance: Your,
- 7:26Lance: yourse-
- 7:26Lance: just
- 7:27Lance: like
- 7:27Lance: yourself,
- 7:28Lance: uh,
- 7:28Lance: my,
- 7:28Lance: my
- 7:29Lance: son
- 7:29Lance: is,
- 7:29Lance: uh,
- 7:30Lance: 12
- 7:30Lance: years
- 7:30Lance: old.
- 7:31Lance: He's
- 7:31Lance: obviously
- 7:32Lance: heavily
- 7:32Lance: in,
- 7:32Lance: you
- 7:32Lance: know,
- 7:33Lance: into
- 7:33Lance: sports,
- 7:33Lance: and
- 7:34Lance: he's
- 7:34Lance: sort
- 7:34Lance: of
- 7:34Lance: gotten
- 7:35Lance: the
- 7:35Lance: itch
- 7:35Lance: with
- 7:35Lance: sports
- 7:36Lance: cards.
- 7:36Lance: And,
- 7:36Lance: you
- 7:36Lance: know,
- 7:37Lance: like
- 7:37Lance: you,
- 7:37Lance: I
- 7:37Lance: did,
- 7:38Lance: you
- 7:38Lance: know,
- 7:38Lance: the
- 7:38Lance: casual
- 7:39Lance: collecting
- 7:39Lance: when
- 7:39Lance: I
- 7:39Lance: was
- 7:40Lance: younger
- 7:40Lance: and,
- 7:40Lance: you
- 7:41Lance: know,
- 7:41Lance: we're
- 7:41Lance: getting
- 7:41Lance: back
- 7:41Lance: into
- 7:42Lance: it.
- 7:42Lance: It's
- 7:42Lance: a
- 7:42Lance: great
- 7:42Lance: experience.
- 7:43Lance: But,
- 7:43Lance: you
- 7:44Lance: know,
- 7:44Lance: a-
- 7:44Lance: as
- 7:44Lance: you
- 7:44Lance: look
- 7:45Lance: about
- 7:45Lance: it,
- 7:45Lance: like,
- 7:45Lance: these
- 7:45Lance: two
- 7:46Lance: industries
- 7:46Lance: are,
- 7:47Lance: um,
- 7:48Lance: you
- 7:48Lance: know,
- 7:48Lance: they're
- 7:48Lance: setting
- 7:49Lance: records
- 7:50Lance: all
- 7:50Lance: the
- 7:50Lance: time
- 7:50Lance: and,
- 7:51Lance: and
- 7:51Lance: they're
- 7:51Lance: sustained
- 7:52Lance: growth.
- 7:52Lance: And
- 7:52Lance: when
- 7:53Lance: we
- 7:53Lance: think
- 7:53Lance: about
- 7:53Lance: the
- 7:53Lance: world
- 7:54Lance: of
- 7:54Lance: ETFs,
- 7:55Lance: right,
- 7:55Lance: yes,
- 7:55Lance: the
- 7:55Lance: ETF
- 7:55Lance: has
- 7:56Lance: been
- 7:56Lance: around
- 7:56Lance: for
- 7:56Lance: 30-plus
- 7:57Lance: years,
- 7:58Lance: but
- 7:58Lance: let's
- 7:58Lance: look
- 7:58Lance: at
- 7:58Lance: 2025,
- 7:59Lance: right?
- 8:00Lance: We
- 8:00Lance: set
- 8:00Lance: record
- 8:01Lance: AUM
- 8:01Lance: levels
- 8:02Lance: in
- 8:02Lance: 2025.
- 8:03Lance: The
- 8:03Lance: market
- 8:03Lance: surpassed,
- 8:04Lance: I
- 8:04Lance: think,
- 8:04Lance: $13
- 8:05Lance: trillion
- 8:05Lance: and
- 8:06Lance: brought
- 8:06Lance: in
- 8:06Lance: over
- 8:06Lance: $1.5
- 8:07Lance: trillion
- 8:08Lance: just
- 8:08Lance: in
- 8:08Lance: 2025
- 8:09Lance: alone.
- 8:10Lance: And
- 8:10Lance: oh,
- 8:11Lance: when
- 8:11Lance: you
- 8:11Lance: look
- 8:11Lance: at
- 8:12Lance: 2026
- 8:12Lance: numbers,
- 8:13Lance: we
- 8:13Lance: are
- 8:14Lance: looking
- 8:14Lance: to
- 8:14Lance: surpass
- 8:15Lance: those
- 8:15Lance: numbers
- 8:15Lance: going
- 8:16Lance: forward.
- 8:16Lance: So
- 8:17Lance: it's
- 8:17Lance: an
- 8:17Lance: area
- 8:17Lance: that's
- 8:18Lance: seeing
- 8:18Lance: record-breaking
- 8:19Lance: growth,
- 8:20Lance: sustained
- 8:20Lance: growth,
- 8:21Lance: and
- 8:21Lance: when
- 8:21Lance: you
- 8:21Lance: take
- 8:22Lance: a
- 8:22Lance: step
- 8:22Lance: back
- 8:22Lance: and
- 8:22Lance: you
- 8:22Lance: com-
- 8:23Lance: sort
- 8:23Lance: of
- 8:23Lance: compare
- 8:24Lance: it
- 8:24Lance: to
- 8:24Lance: the
- 8:24Lance: world
- 8:24Lance: of
- 8:24Lance: sports,
- 8:25Lance: right?
- 8:25Lance: I
- 8:25Lance: pulled
- 8:25Lance: some
- 8:26Lance: numbers
- 8:26Lance: here,
- 8:26Lance: and
- 8:26Lance: I
- 8:26Lance: thought
- 8:27Lance: this
- 8:27Lance: was
- 8:27Lance: astonishing.
- 8:28Lance: Um,
- 8:29Lance: you
- 8:29Lance: know,
- 8:29Lance: back
- 8:29Lance: in
- 8:30Lance: 2024,
- 8:31Lance: uh,
- 8:31Lance: the
- 8:31Lance: sports
- 8:32Lance: card
- 8:32Lance: market
- 8:32Lance: was
- 8:33Lance: $33.6
- 8:35Lance: billion,
- 8:35Lance: and
- 8:36Lance: there
- 8:36Lance: are
- 8:36Lance: estimates
- 8:37Lance: that,
- 8:37Lance: that
- 8:38Lance: by
- 8:38Lance: 2034,
- 8:39Lance: that
- 8:39Lance: number's
- 8:40Lance: gonna
- 8:40Lance: get
- 8:40Lance: up
- 8:40Lance: to
- 8:41Lance: $271
- 8:43Lance: billion.
- 8:44Lance: So
- 8:44Lance: when
- 8:45Lance: you
- 8:45Lance: talk
- 8:45Lance: about
- 8:45Lance: growth,
- 8:46Lance: I
- 8:46Lance: mean,
- 8:46Lance: that
- 8:46Lance: is
- 8:47Lance: growth.
- 8:47Lance: Um,
- 8:48Lance: and
- 8:48Lance: I
- 8:48Lance: think
- 8:49Lance: when
- 8:49Lance: I
- 8:49Lance: think
- 8:49Lance: about
- 8:49Lance: these
- 8:50Lance: two
- 8:50Lance: industries,
- 8:50Lance: what
- 8:51Lance: really
- 8:51Lance: sticks
- 8:51Lance: out
- 8:51Lance: in
- 8:51Lance: mind
- 8:52Lance: is,
- 8:53Lance: obviously
- 8:53Lance: we
- 8:53Lance: sort
- 8:53Lance: of
- 8:54Lance: alluded
- 8:54Lance: to
- 8:54Lance: this
- 8:54Lance: already,
- 8:55Lance: is,
- 8:55Lance: um,
- 8:56Lance: the
- 8:56Lance: retail
- 8:57Lance: democratization
- 8:58Lance: and
- 8:58Lance: the
- 8:58Lance: broadening
- 8:59Lance: of
- 8:59Lance: the
- 8:59Lance: participation
- 9:00Lance: of
- 9:00Lance: people
- 9:00Lance: that
- 9:01Lance: are
- 9:01Lance: experiencing
- 9:02Lance: or,
- 9:03Lance: uh,
- 9:03Lance: utilizing
- 9:04Lance: these
- 9:04Lance: two
- 9:04Lance: industries,
- 9:05Lance: right?
- 9:05Lance: When
- 9:05Lance: we
- 9:05Lance: think
- 9:05Lance: about
- 9:06Lance: ETFs,
- 9:06Lance: it's
- 9:06Lance: all
- 9:07Lance: about
- 9:07Lance: this
- 9:07Lance: innovative
- 9:08Lance: new
- 9:08Lance: wrapper
- 9:09Lance: that's
- 9:09Lance: low
- 9:09Lance: cost,
- 9:10Lance: tax
- 9:10Lance: efficient,
- 9:10Lance: transparency,
- 9:12Lance: and
- 9:12Lance: you
- 9:12Lance: start
- 9:12Lance: off,
- 9:13Lance: um,
- 9:14Lance: with
- 9:14Lance: these
- 9:14Lance: index
- 9:14Lance: funds,
- 9:15Lance: and
- 9:15Lance: now
- 9:15Lance: you're
- 9:15Lance: moving
- 9:16Lance: into
- 9:16Lance: the
- 9:16Lance: world
- 9:16Lance: of
- 9:16Lance: institutional
- 9:17Lance: investors
- 9:18Lance: and,
- 9:18Lance: you
- 9:18Lance: know,
- 9:18Lance: we've
- 9:19Lance: seen
- 9:19Lance: CAT
- 9:19Lance: bonds
- 9:20Lance: and
- 9:20Lance: COCOs
- 9:21Lance: and,
- 9:22Lance: uh,
- 9:22Lance: CLOs
- 9:23Lance: and
- 9:23Lance: everything
- 9:24Lance: else.
- 9:24Lance: And
- 9:24Lance: then,
- 9:25Lance: um,
- 9:26Lance: you
- 9:26Lance: talk
- 9:26Lance: about
- 9:26Lance: the
- 9:26Lance: broadening
- 9:27Lance: of
- 9:27Lance: the
- 9:27Lance: market,
- 9:28Lance: right?
- 9:28Lance: I
- 9:28Lance: mean,
- 9:29Lance: this
- 9:29Lance: is,
- 9:29Lance: this
- 9:30Lance: is
- 9:30Lance: really...
- 9:31Lance: They're,
- 9:31Lance: they're
- 9:32Lance: moving
- 9:32Lance: on
- 9:32Lance: very
- 9:32Lance: similar
- 9:33Lance: paths,
- 9:33Lance: right?
- 9:33Lance: We
- 9:34Lance: talk
- 9:34Lance: about
- 9:34Lance: the
- 9:34Lance: ETF
- 9:34Lance: ecosystem,
- 9:35Lance: but
- 9:35Lance: let's
- 9:35Lance: look
- 9:35Lance: about
- 9:36Lance: the
- 9:36Lance: sports
- 9:36Lance: ecosystem,
- 9:37Lance: right?
- 9:38Lance: You
- 9:38Lance: have
- 9:38Lance: gload-
- 9:39Lance: global
- 9:39Lance: trading
- 9:39Lance: platforms.
- 9:40Lance: You
- 9:40Lance: have,
- 9:41Lance: um,
- 9:42Lance: you,
- 9:42Lance: you
- 9:43Lance: have
- 9:43Lance: licensed
- 9:43Lance: participants.
- 9:44Lance: You
- 9:44Lance: have,
- 9:45Lance: um,
- 9:46Lance: uh,
- 9:47Lance: like
- 9:47Lance: the
- 9:47Lance: PSAs
- 9:48Lance: and
- 9:48Lance: the
- 9:48Lance: Becketts
- 9:49Lance: of
- 9:49Lance: the
- 9:49Lance: world
- 9:49Lance: that
- 9:49Lance: are
- 9:49Lance: doing
- 9:50Lance: grading.
- 9:50Lance: And
- 9:50Lance: at
- 9:51Lance: the
- 9:51Lance: end
- 9:51Lance: of
- 9:51Lance: the
- 9:51Lance: day,
- 9:51Lance: it
- 9:51Lance: comes
- 9:52Lance: down
- 9:52Lance: to
- 9:52Lance: financialization,
- 9:54Lance: right?
- 9:54Lance: And
- 9:54Lance: these
- 9:54Lance: two
- 9:54Lance: industries
- 9:55Lance: started
- 9:55Lance: off
- 9:55Lance: completely
- 9:56Lance: different,
- 9:56Lance: right?
- 9:57Lance: One
- 9:57Lance: is
- 9:57Lance: really
- 9:58Lance: about
- 9:58Lance: investing,
- 9:58Lance: and
- 9:59Lance: the
- 9:59Lance: other
- 9:59Lance: one
- 9:59Lance: is
- 9:59Lance: childhood,
- 10:00Lance: uh,
- 10:01Lance: collecting,
- 10:02Lance: and
- 10:02Lance: now
- 10:03Lance: it's
- 10:03Lance: just
- 10:03Lance: a,
- 10:03Lance: a,
- 10:04Lance: a...
- 10:04Lance: it's,
- 10:04Lance: it's
- 10:04Lance: amazing
- 10:05Lance: what's
- 10:05Lance: going
- 10:05Lance: on
- 10:05Lance: in
- 10:05Lance: both
- 10:06Lance: of
- 10:06Lance: these
- 10:06Lance: industries.
- 10:07Ryan: Yeah,
- 10:08Ryan: you're
- 10:08Ryan: exactly
- 10:09Ryan: right,
- 10:10Ryan: Lance.
- 10:10Ryan: And
- 10:10Ryan: in
- 10:11Ryan: comparison,
- 10:12Ryan: it's
- 10:12Ryan: like
- 10:12Ryan: in
- 10:12Ryan: the
- 10:13Ryan: sports
- 10:13Ryan: card
- 10:13Ryan: world,
- 10:14Ryan: you
- 10:14Ryan: have
- 10:15Ryan: distributors,
- 10:16Ryan: and
- 10:16Ryan: then
- 10:16Ryan: you
- 10:16Ryan: also
- 10:17Ryan: have
- 10:17Ryan: consolidation,
- 10:18Ryan: a
- 10:18Ryan: lot
- 10:18Ryan: like
- 10:18Ryan: in
- 10:19Ryan: the
- 10:19Ryan: asset
- 10:19Ryan: management
- 10:20Ryan: space.
- 10:20Ryan: It,
- 10:21Ryan: it's
- 10:21Ryan: consolidating.
- 10:22Ryan: I
- 10:22Ryan: believe
- 10:22Ryan: Topps...
- 10:23Ryan: It's
- 10:23Ryan: amazing
- 10:23Ryan: those
- 10:23Ryan: numbers
- 10:24Ryan: you
- 10:24Ryan: threw
- 10:24Ryan: out
- 10:24Ryan: there
- 10:25Ryan: about
- 10:25Ryan: the
- 10:25Ryan: growth.
- 10:25Ryan: Topps
- 10:26Ryan: is
- 10:26Ryan: owned
- 10:26Ryan: by
- 10:26Ryan: Fanatics,
- 10:27Ryan: I
- 10:27Ryan: think,
- 10:27Ryan: and
- 10:28Ryan: now
- 10:28Ryan: you're
- 10:28Ryan: able
- 10:28Ryan: to
- 10:28Ryan: get
- 10:29Ryan: sports
- 10:29Ryan: cards
- 10:30Ryan: and,
- 10:31Ryan: you
- 10:31Ryan: know,
- 10:31Ryan: at
- 10:31Ryan: Lids,
- 10:32Ryan: and
- 10:32Ryan: all
- 10:32Ryan: these
- 10:32Ryan: retail
- 10:33Ryan: stores
- 10:33Ryan: are
- 10:34Ryan: all
- 10:34Ryan: over
- 10:34Ryan: the
- 10:34Ryan: place.
- 10:34Ryan: The
- 10:35Ryan: growth
- 10:35Ryan: is
- 10:35Ryan: there.
- 10:36Ryan: It's,
- 10:36Ryan: um...
- 10:37Ryan: But
- 10:37Ryan: with
- 10:37Ryan: that
- 10:38Ryan: growth,
- 10:39Ryan: and
- 10:39Ryan: like
- 10:39Ryan: you
- 10:39Ryan: s-
- 10:40Ryan: Like
- 10:40Ryan: with
- 10:40Ryan: ETFs
- 10:42Ryan: The
- 10:42Ryan: border,
- 10:42Ryan: uh,
- 10:42Ryan: the,
- 10:43Ryan: the
- 10:43Ryan: barriers
- 10:44Ryan: to
- 10:44Ryan: entry
- 10:44Ryan: is
- 10:44Ryan: pretty
- 10:45Ryan: low.
- 10:45Ryan: It's-
- 10:46Ryan: Absolutely.
- 10:46Ryan: Yeah
- 10:46Ryan: easy
- 10:47Ryan: to,
- 10:47Ryan: to
- 10:48Ryan: launch
- 10:49Ryan: an
- 10:49Ryan: ETF,
- 10:49Ryan: and
- 10:49Ryan: I
- 10:50Ryan: think-
- 10:50Ryan: Yeah
- 10:50Ryan: that
- 10:50Ryan: has
- 10:50Ryan: to
- 10:50Ryan: do
- 10:51Ryan: with
- 10:51Ryan: all
- 10:51Ryan: these
- 10:52Ryan: new
- 10:52Ryan: firms
- 10:53Ryan: coming
- 10:53Ryan: out,
- 10:53Ryan: new
- 10:54Ryan: exotic
- 10:54Ryan: ETFs.
- 10:55Ryan: It's
- 10:56Ryan: like,
- 10:56Ryan: let's
- 10:56Ryan: go
- 10:56Ryan: for
- 10:56Ryan: it.
- 10:57Lance: Yeah,
- 10:57Lance: and
- 10:58Lance: I
- 10:58Lance: think
- 10:58Lance: when
- 10:58Lance: you
- 10:58Lance: think
- 10:58Lance: about
- 10:58Lance: the
- 10:59Lance: ETF
- 10:59Lance: rule,
- 10:59Lance: and
- 10:59Lance: obviously
- 11:00Lance: there,
- 11:00Lance: there's
- 11:00Lance: been
- 11:01Lance: an
- 11:01Lance: explosion
- 11:01Lance: of
- 11:02Lance: launches,
- 11:02Lance: right?
- 11:02Lance: As
- 11:03Lance: you
- 11:03Lance: mentioned,
- 11:03Lance: the,
- 11:04Lance: the
- 11:04Lance: entry
- 11:05Lance: to
- 11:05Lance: barrier,
- 11:06Lance: you
- 11:06Lance: know,
- 11:06Lance: has...
- 11:06Lance: The
- 11:06Lance: barrier
- 11:07Lance: to
- 11:07Lance: entry
- 11:07Lance: has
- 11:07Lance: been
- 11:07Lance: lowered,
- 11:08Lance: right?
- 11:08Lance: And
- 11:09Lance: there
- 11:09Lance: has
- 11:09Lance: been
- 11:10Lance: this
- 11:10Lance: massive,
- 11:11Lance: uh,
- 11:11Lance: growth
- 11:11Lance: of
- 11:12Lance: E-
- 11:12Lance: of
- 11:12Lance: ETF
- 11:13Lance: launches.
- 11:13Lance: But
- 11:14Lance: for
- 11:14Lance: the
- 11:14Lance: retail
- 11:14Lance: investor,
- 11:15Lance: for
- 11:15Lance: the,
- 11:15Lance: even
- 11:15Lance: for
- 11:16Lance: the
- 11:16Lance: institutional
- 11:16Lance: investor,
- 11:17Lance: uh,
- 11:17Lance: it's
- 11:17Lance: making
- 11:18Lance: their
- 11:18Lance: lives
- 11:18Lance: very
- 11:19Lance: hard,
- 11:19Lance: right?
- 11:19Lance: It's
- 11:19Lance: hard
- 11:20Lance: to
- 11:20Lance: identify
- 11:20Lance: what,
- 11:21Lance: what
- 11:21Lance: is,
- 11:22Lance: what
- 11:22Lance: is
- 11:22Lance: a
- 11:22Lance: legitimate
- 11:23Lance: offering
- 11:24Lance: compared
- 11:24Lance: to,
- 11:25Lance: you
- 11:25Lance: know,
- 11:25Lance: what
- 11:25Lance: is
- 11:25Lance: gambling,
- 11:26Lance: right?
- 11:26Lance: And
- 11:26Lance: I
- 11:26Lance: think
- 11:27Lance: about,
- 11:27Lance: you
- 11:27Lance: know,
- 11:27Lance: in
- 11:27Lance: the
- 11:28Lance: ETF
- 11:28Lance: industry
- 11:28Lance: with
- 11:29Lance: the
- 11:29Lance: single
- 11:29Lance: name
- 11:29Lance: leverage
- 11:30Lance: stocks,
- 11:30Lance: auto
- 11:30Lance: callables,
- 11:31Lance: like
- 11:31Lance: these
- 11:31Lance: things
- 11:32Lance: compared
- 11:32Lance: to,
- 11:33Lance: you
- 11:33Lance: know,
- 11:33Lance: if
- 11:33Lance: you
- 11:33Lance: wanna
- 11:34Lance: keep
- 11:34Lance: it
- 11:34Lance: in
- 11:34Lance: line
- 11:34Lance: with
- 11:35Lance: sports
- 11:35Lance: cards,
- 11:35Lance: like,
- 11:36Lance: you
- 11:36Lance: know,
- 11:36Lance: the
- 11:36Lance: parallels
- 11:37Lance: and
- 11:37Lance: the,
- 11:37Lance: the
- 11:38Lance: case
- 11:38Lance: hits.
- 11:38Lance: Like,
- 11:39Lance: do
- 11:39Lance: you
- 11:39Lance: really
- 11:39Lance: have
- 11:40Lance: to
- 11:40Lance: open
- 11:40Lance: up
- 11:40Lance: 51
- 11:41Lance: hobby
- 11:41Lance: boxes
- 11:42Lance: that
- 11:42Lance: are
- 11:42Lance: hundreds
- 11:43Lance: of
- 11:43Lance: dollars
- 11:43Lance: each
- 11:44Lance: to
- 11:44Lance: find
- 11:44Lance: that
- 11:45Lance: one,
- 11:46Lance: you
- 11:46Lance: know,
- 11:46Lance: whether
- 11:46Lance: it's
- 11:46Lance: a
- 11:46Lance: Kaboom
- 11:47Lance: or
- 11:47Lance: Downtown,
- 11:48Lance: whatever
- 11:48Lance: it
- 11:48Lance: may
- 11:48Lance: be,
- 11:49Lance: right?
- 11:49Lance: And
- 11:50Lance: so
- 11:50Lance: to
- 11:50Lance: some
- 11:50Lance: extent
- 11:51Lance: there's
- 11:51Lance: gambling
- 11:51Lance: and,
- 11:52Lance: and
- 11:52Lance: that's
- 11:52Lance: why
- 11:53Lance: it,
- 11:53Lance: it,
- 11:53Lance: it's
- 11:53Lance: very
- 11:54Lance: hard
- 11:54Lance: for
- 11:54Lance: investors
- 11:55Lance: to
- 11:55Lance: identify,
- 11:55Lance: right,
- 11:56Lance: what
- 11:56Lance: strategies
- 11:57Lance: and
- 11:57Lance: what,
- 11:57Lance: what
- 11:58Lance: cards
- 11:58Lance: should
- 11:58Lance: they
- 11:59Lance: be
- 11:59Lance: looking
- 11:59Lance: for.
- 12:00Ryan: Yeah.
- 12:01Ryan: Lance,
- 12:01Ryan: in
- 12:02Ryan: my
- 12:02Ryan: household,
- 12:03Ryan: my
- 12:03Ryan: son
- 12:04Ryan: who's-
- 12:05Ryan: who's
- 12:05Ryan: eight,
- 12:05Ryan: we've
- 12:06Ryan: gone
- 12:06Ryan: from,
- 12:07Ryan: all
- 12:07Ryan: right,
- 12:08Ryan: buying
- 12:08Ryan: the
- 12:08Ryan: hobby
- 12:09Ryan: boxes,
- 12:10Ryan: buying
- 12:10Ryan: the...
- 12:10Ryan: Looking
- 12:11Ryan: for
- 12:11Ryan: these
- 12:11Ryan: one
- 12:11Ryan: hit
- 12:12Ryan: wonders,
- 12:13Ryan: like
- 12:13Ryan: you
- 12:13Ryan: said,
- 12:13Ryan: the
- 12:13Ryan: one
- 12:14Ryan: of
- 12:14Ryan: ones,
- 12:14Ryan: these
- 12:14Ryan: parallels,
- 12:15Ryan: to
- 12:15Ryan: like,
- 12:15Ryan: you
- 12:16Ryan: know
- 12:16Ryan: what?
- 12:16Ryan: Maybe
- 12:17Ryan: this
- 12:17Ryan: isn't
- 12:17Ryan: the
- 12:17Ryan: smartest
- 12:18Ryan: thing.
- 12:18Ryan: Maybe
- 12:19Ryan: we-
- 12:19Ryan: Mm-hmm
- 12:19Ryan: need
- 12:19Ryan: to
- 12:19Ryan: just,
- 12:20Ryan: like,
- 12:20Ryan: go
- 12:20Ryan: to
- 12:21Ryan: a
- 12:21Ryan: card
- 12:21Ryan: shop.
- 12:22Ryan: Yeah,
- 12:22Lance: exactly.
- 12:22Lance: And
- 12:22Lance: look
- 12:22Lance: for
- 12:22Lance: that
- 12:23Ryan: one
- 12:23Ryan: card.
- 12:24Lance: Right.
- 12:24Lance: And
- 12:24Lance: that's
- 12:24Lance: very
- 12:24Lance: much
- 12:25Lance: in
- 12:25Lance: line
- 12:25Lance: with
- 12:25Lance: investing,
- 12:26Lance: right?
- 12:26Lance: Because
- 12:26Lance: you
- 12:27Lance: have
- 12:27Lance: to
- 12:27Lance: be
- 12:27Lance: disciplined.
- 12:27Lance: We've
- 12:28Lance: done
- 12:28Lance: the
- 12:28Lance: same
- 12:28Lance: exact
- 12:29Lance: thing,
- 12:29Lance: right?
- 12:29Lance: Everybody's
- 12:30Lance: opening
- 12:30Lance: up
- 12:30Lance: the
- 12:30Lance: packs,
- 12:31Lance: packs,
- 12:31Lance: packs,
- 12:31Lance: and
- 12:31Lance: next
- 12:32Lance: thing
- 12:32Lance: you
- 12:32Lance: know
- 12:32Lance: you're
- 12:32Lance: 30
- 12:33Lance: packs
- 12:33Lance: deep
- 12:33Lance: and
- 12:34Lance: you
- 12:34Lance: have
- 12:34Lance: all
- 12:34Lance: these
- 12:34Lance: commons
- 12:35Lance: and
- 12:35Lance: base
- 12:35Lance: cards,
- 12:36Lance: and
- 12:36Lance: you're
- 12:36Lance: like,
- 12:36Lance: "What
- 12:36Lance: do
- 12:36Lance: I
- 12:36Lance: do
- 12:36Lance: with
- 12:37Lance: this?"
- 12:37Lance: And
- 12:37Lance: I
- 12:37Lance: could
- 12:37Lance: have
- 12:37Lance: gone
- 12:37Lance: to
- 12:38Lance: the
- 12:38Lance: store
- 12:38Lance: and
- 12:38Lance: I
- 12:38Lance: could
- 12:38Lance: identified,
- 12:39Lance: the
- 12:39Lance: strategy
- 12:40Lance: or
- 12:40Lance: the,
- 12:41Lance: the
- 12:41Lance: athlete
- 12:42Lance: that
- 12:42Lance: I
- 12:42Lance: wanted,
- 12:43Lance: and
- 12:43Lance: I
- 12:43Lance: can
- 12:43Lance: get
- 12:43Lance: a,
- 12:44Lance: a
- 12:44Lance: graded
- 12:44Lance: card,
- 12:45Lance: and
- 12:45Lance: I
- 12:45Lance: know
- 12:45Lance: what
- 12:45Lance: it
- 12:45Lance: is,
- 12:46Lance: and
- 12:46Lance: I
- 12:46Lance: know
- 12:47Lance: it's,
- 12:47Lance: it's
- 12:47Lance: great
- 12:48Lance: for
- 12:48Lance: the
- 12:48Lance: collection.
- 12:49Lance: Um,
- 12:49Lance: so
- 12:49Lance: yeah,
- 12:50Lance: it's,
- 12:50Lance: uh,
- 12:50Lance: it,
- 12:50Lance: it's
- 12:51Lance: very
- 12:51Lance: interesting.
- 12:51Lance: It,
- 12:51Lance: it's
- 12:52Lance: amazing
- 12:52Lance: how
- 12:52Lance: things
- 12:53Lance: happen,
- 12:53Lance: but
- 12:53Lance: that's
- 12:53Lance: one
- 12:54Lance: thing
- 12:54Lance: that
- 12:54Lance: I
- 12:54Lance: preach
- 12:55Lance: to
- 12:55Lance: my
- 12:55Lance: son,
- 12:55Lance: is
- 12:55Lance: being
- 12:56Lance: disciplined.
- 12:57Lance: Knowing
- 12:57Lance: what
- 12:57Lance: you
- 12:57Lance: want.
- 12:58Lance: And
- 12:58Lance: same
- 12:58Lance: thing
- 12:59Lance: with
- 12:59Lance: your
- 12:59Lance: portfolio.
- 13:00Lance: Um,
- 13:00Lance: it's
- 13:00Lance: okay
- 13:01Lance: to
- 13:01Lance: value,
- 13:02Lance: you
- 13:02Lance: know,
- 13:02Lance: have
- 13:02Lance: a,
- 13:02Lance: a
- 13:03Lance: slight
- 13:03Lance: value
- 13:03Lance: twist
- 13:04Lance: over
- 13:04Lance: growth
- 13:04Lance: or
- 13:05Lance: international
- 13:05Lance: over
- 13:05Lance: gr-
- 13:06Lance: over
- 13:06Lance: e-
- 13:06Lance: uh,
- 13:07Lance: domestic.
- 13:08Lance: Um,
- 13:08Lance: but
- 13:08Lance: go
- 13:08Lance: in
- 13:08Lance: with
- 13:09Lance: a
- 13:09Lance: game
- 13:09Lance: plan,
- 13:09Lance: right?
- 13:10Lance: Uh,
- 13:10Lance: let's
- 13:10Lance: not
- 13:11Lance: gamble
- 13:11Lance: here.
- 13:11Lance: Let's
- 13:12Lance: do
- 13:12Lance: our
- 13:12Lance: due
- 13:12Lance: diligence.
- 13:13Lance: Let's
- 13:13Lance: create
- 13:14Lance: a
- 13:14Lance: game
- 13:14Lance: plan
- 13:14Lance: and,
- 13:14Lance: and
- 13:15Lance: put
- 13:15Lance: together
- 13:15Lance: that
- 13:16Lance: portfolio
- 13:16Lance: that
- 13:16Lance: we
- 13:17Lance: really
- 13:17Lance: want.
- 13:19Ryan: Lance,
- 13:19Ryan: you
- 13:19Ryan: bring
- 13:19Ryan: up
- 13:19Ryan: a
- 13:19Ryan: very
- 13:20Ryan: good
- 13:20Ryan: point,
- 13:20Ryan: and,
- 13:22Ryan: in,
- 13:22Ryan: in
- 13:22Ryan: baseball
- 13:23Ryan: cards
- 13:23Ryan: or
- 13:23Ryan: sports
- 13:24Ryan: cards,
- 13:24Ryan: we
- 13:24Ryan: often
- 13:24Ryan: get
- 13:25Ryan: those
- 13:25Ryan: one-hit
- 13:25Ryan: wonders,
- 13:26Ryan: right?
- 13:26Ryan: Mm-hmm.
- 13:26Ryan: These
- 13:27Ryan: players
- 13:27Ryan: who
- 13:27Ryan: had
- 13:27Ryan: a
- 13:27Ryan: great
- 13:28Ryan: single
- 13:29Ryan: season,
- 13:30Ryan: they
- 13:30Ryan: get
- 13:30Ryan: all
- 13:31Ryan: these
- 13:31Ryan: really
- 13:32Ryan: unique
- 13:32Ryan: cards,
- 13:33Ryan: premium
- 13:34Ryan: cards,
- 13:35Ryan: and
- 13:35Ryan: then
- 13:35Ryan: all
- 13:35Ryan: of
- 13:35Ryan: a
- 13:35Ryan: sudden,
- 13:36Ryan: you
- 13:36Ryan: know
- 13:36Ryan: what?
- 13:37Ryan: They
- 13:37Ryan: fade
- 13:38Ryan: into
- 13:38Ryan: obscurity.
- 13:39Ryan: You
- 13:39Ryan: never
- 13:39Ryan: hear
- 13:39Ryan: from
- 13:39Ryan: these
- 13:40Ryan: players
- 13:40Ryan: again,
- 13:41Ryan: and
- 13:41Ryan: this
- 13:41Ryan: card,
- 13:42Ryan: this
- 13:42Ryan: cardboard
- 13:43Ryan: is,
- 13:43Ryan: is
- 13:43Ryan: worthless.
- 13:45Ryan: With
- 13:45Ryan: the
- 13:45Ryan: ETF
- 13:46Ryan: equivalence
- 13:47Ryan: of
- 13:47Ryan: these
- 13:47Ryan: one-hit
- 13:48Ryan: wonders,
- 13:48Ryan: how
- 13:48Ryan: can
- 13:49Ryan: investors...
- 13:49Ryan: Like
- 13:50Ryan: you,
- 13:50Ryan: you
- 13:50Ryan: just
- 13:50Ryan: said,
- 13:51Ryan: how
- 13:51Ryan: can
- 13:51Ryan: investors
- 13:52Ryan: distinguish
- 13:53Ryan: between
- 13:54Ryan: the
- 13:54Ryan: innovative
- 13:55Ryan: fund
- 13:56Ryan: that
- 13:56Ryan: might
- 13:56Ryan: have-
- 13:56Ryan: Mm
- 13:56Ryan: staying
- 13:57Ryan: power,
- 13:57Ryan: longevity,
- 13:58Ryan: play
- 13:58Ryan: for
- 13:58Ryan: the
- 13:59Ryan: long
- 13:59Ryan: game,
- 14:00Ryan: or
- 14:00Ryan: just
- 14:01Ryan: a
- 14:01Ryan: flash
- 14:01Ryan: in
- 14:01Ryan: the
- 14:01Ryan: pan
- 14:02Ryan: thematic
- 14:02Ryan: play
- 14:03Ryan: that
- 14:03Ryan: might
- 14:04Ryan: be
- 14:04Ryan: gone
- 14:04Ryan: in
- 14:04Ryan: a
- 14:04Ryan: year?
- 14:05Ryan: How
- 14:05Ryan: can
- 14:05Ryan: financial
- 14:06Ryan: advisors,
- 14:06Ryan: like
- 14:07Ryan: you
- 14:07Ryan: said,
- 14:07Ryan: you
- 14:07Ryan: and
- 14:07Ryan: your
- 14:07Ryan: son,
- 14:08Ryan: you're
- 14:08Ryan: being
- 14:08Ryan: more
- 14:08Ryan: specific
- 14:09Ryan: on
- 14:09Ryan: what
- 14:09Ryan: you're
- 14:10Ryan: looking
- 14:10Ryan: for
- 14:12Ryan: How
- 14:12Ryan: can
- 14:12Ryan: you
- 14:12Ryan: distinguish
- 14:13Ryan: between
- 14:13Ryan: the
- 14:13Ryan: two
- 14:13Ryan: of
- 14:13Ryan: them?
- 14:14Lance: Well,
- 14:14Lance: I,
- 14:14Lance: I
- 14:15Lance: think
- 14:15Lance: it
- 14:15Lance: comes
- 14:15Lance: down
- 14:15Lance: to,
- 14:16Lance: like
- 14:16Lance: I
- 14:16Lance: said
- 14:16Lance: before,
- 14:16Lance: it,
- 14:17Lance: it
- 14:17Lance: really
- 14:17Lance: is
- 14:17Lance: the
- 14:17Lance: game
- 14:18Lance: plan,
- 14:18Lance: right?
- 14:18Lance: What
- 14:18Lance: are
- 14:19Lance: you
- 14:19Lance: looking
- 14:19Lance: for?
- 14:19Lance: It's
- 14:19Lance: okay
- 14:20Lance: to
- 14:20Lance: gamble
- 14:20Lance: every
- 14:20Lance: once
- 14:21Lance: in
- 14:21Lance: a
- 14:21Lance: while.
- 14:21Lance: If
- 14:21Lance: you
- 14:21Lance: wanna
- 14:21Lance: take
- 14:22Lance: a
- 14:22Lance: flyer
- 14:22Lance: on
- 14:22Lance: a,
- 14:23Lance: a
- 14:23Lance: Connor
- 14:23Lance: Griffin
- 14:24Lance: or
- 14:24Lance: a,
- 14:24Lance: a
- 14:24Lance: Roman
- 14:25Lance: Anthony,
- 14:25Lance: that's
- 14:25Lance: fine,
- 14:26Lance: right?
- 14:26Lance: Right?
- 14:27Lance: Uh,
- 14:27Lance: we
- 14:27Lance: can
- 14:27Lance: do
- 14:28Lance: that,
- 14:28Lance: but
- 14:29Lance: let's
- 14:29Lance: not
- 14:29Lance: put
- 14:29Lance: all
- 14:29Lance: the
- 14:29Lance: chips
- 14:30Lance: in
- 14:30Lance: on
- 14:30Lance: those
- 14:30Lance: players,
- 14:31Lance: right?
- 14:31Lance: They,
- 14:31Lance: they
- 14:31Lance: may
- 14:32Lance: be
- 14:32Lance: the
- 14:32Lance: next
- 14:32Lance: Karim
- 14:33Lance: Garcia
- 14:33Lance: or
- 14:34Lance: Brian
- 14:34Lance: Taylor
- 14:35Lance: for
- 14:35Lance: those
- 14:35Lance: New
- 14:35Lance: York
- 14:35Lance: fans,
- 14:36Lance: New
- 14:36Lance: York
- 14:37Lance: Yankee
- 14:37Lance: fans
- 14:37Lance: that
- 14:37Lance: are,
- 14:38Lance: are
- 14:38Lance: listening.
- 14:39Lance: Um,
- 14:39Lance: you
- 14:40Lance: know,
- 14:40Lance: but
- 14:40Lance: again,
- 14:40Lance: they
- 14:41Lance: may
- 14:41Lance: be
- 14:41Lance: Ken
- 14:41Lance: Griffey
- 14:42Lance: and
- 14:42Lance: Derek
- 14:42Lance: Jeter.
- 14:42Lance: We
- 14:43Lance: don't
- 14:43Lance: know.
- 14:44Lance: Um,
- 14:44Lance: so
- 14:45Lance: really
- 14:45Lance: it
- 14:45Lance: comes
- 14:45Lance: down
- 14:45Lance: to
- 14:46Lance: doing
- 14:46Lance: your
- 14:46Lance: due
- 14:46Lance: diligence,
- 14:47Lance: and
- 14:47Lance: this
- 14:47Lance: is
- 14:47Lance: something
- 14:48Lance: that
- 14:48Lance: we
- 14:48Lance: take
- 14:48Lance: very
- 14:49Lance: seriously
- 14:50Lance: at
- 14:50Lance: AAM,
- 14:50Lance: specifically
- 14:51Lance: on
- 14:51Lance: the
- 14:51Lance: ETF
- 14:52Lance: front.
- 14:53Lance: Um,
- 14:53Lance: a-
- 14:53Lance: as
- 14:54Lance: we
- 14:54Lance: know,
- 14:54Lance: and
- 14:54Lance: I
- 14:54Lance: think
- 14:54Lance: you've
- 14:55Lance: alluded
- 14:55Lance: to
- 14:55Lance: this
- 14:55Lance: many
- 14:56Lance: times
- 14:56Lance: in
- 14:56Lance: your
- 14:56Lance: podcast,
- 14:57Lance: is,
- 14:57Lance: you
- 14:57Lance: know,
- 14:58Lance: the
- 14:58Lance: next
- 14:58Lance: phase
- 14:58Lance: of
- 14:58Lance: ETFs
- 14:59Lance: is
- 14:59Lance: very
- 14:59Lance: well
- 15:00Lance: going
- 15:00Lance: to
- 15:00Lance: be
- 15:00Lance: active
- 15:00Lance: managers.
- 15:01Lance: Over
- 15:01Lance: 85%
- 15:02Lance: of
- 15:02Lance: the
- 15:02Lance: launches,
- 15:03Lance: um,
- 15:04Lance: in,
- 15:04Lance: in
- 15:04Lance: 2026
- 15:05Lance: are
- 15:05Lance: active
- 15:05Lance: managers.
- 15:06Lance: But
- 15:07Lance: how
- 15:07Lance: do
- 15:07Lance: you,
- 15:08Lance: how
- 15:08Lance: do
- 15:08Lance: you
- 15:08Lance: gauge
- 15:08Lance: the
- 15:09Lance: longevity
- 15:09Lance: of
- 15:10Lance: active
- 15:10Lance: ETFs
- 15:11Lance: that
- 15:11Lance: have
- 15:11Lance: only
- 15:11Lance: been
- 15:12Lance: in
- 15:12Lance: the
- 15:12Lance: marketplace
- 15:12Lance: for
- 15:13Lance: six
- 15:13Lance: months,
- 15:13Lance: a
- 15:13Lance: year,
- 15:14Lance: maybe
- 15:14Lance: two
- 15:14Lance: years?
- 15:15Lance: And,
- 15:15Lance: and
- 15:16Lance: that's
- 15:16Lance: a
- 15:16Lance: real
- 15:16Lance: hurdle
- 15:17Lance: for,
- 15:17Lance: for
- 15:17Lance: managers
- 15:18Lance: and
- 15:18Lance: issuers,
- 15:19Lance: especially
- 15:19Lance: like
- 15:20Lance: AAM,
- 15:21Lance: that
- 15:21Lance: cater
- 15:21Lance: to
- 15:22Lance: finding
- 15:23Lance: boutique
- 15:23Lance: institutional
- 15:24Lance: managers
- 15:25Lance: and
- 15:25Lance: bringing
- 15:26Lance: them
- 15:26Lance: into
- 15:26Lance: the
- 15:27Lance: ETF
- 15:27Lance: wrapper.
- 15:28Lance: Um,
- 15:28Lance: and
- 15:28Lance: some
- 15:28Lance: of
- 15:28Lance: the
- 15:28Lance: things
- 15:29Lance: that
- 15:29Lance: we
- 15:29Lance: do
- 15:29Lance: here
- 15:29Lance: at
- 15:30Lance: AAM
- 15:30Lance: to
- 15:30Lance: help
- 15:30Lance: navigate
- 15:31Lance: those
- 15:31Lance: are,
- 15:32Lance: it
- 15:32Lance: could
- 15:32Lance: be
- 15:32Lance: a
- 15:32Lance: 351
- 15:33Lance: conversion.
- 15:34Lance: Maybe
- 15:34Lance: we've
- 15:34Lance: taken
- 15:34Lance: a
- 15:34Lance: strategy
- 15:35Lance: that
- 15:35Lance: was
- 15:36Lance: previously
- 15:36Lance: in
- 15:36Lance: an
- 15:37Lance: SMA
- 15:37Lance: for
- 15:37Lance: five,
- 15:38Lance: 10,
- 15:38Lance: 15,
- 15:38Lance: 20
- 15:39Lance: years,
- 15:40Lance: and
- 15:40Lance: we
- 15:40Lance: convert
- 15:41Lance: that
- 15:41Lance: into
- 15:42Lance: the
- 15:42Lance: actual
- 15:43Lance: ETF
- 15:43Lance: and
- 15:43Lance: utilize
- 15:44Lance: that
- 15:44Lance: track
- 15:44Lance: record
- 15:45Lance: so
- 15:45Lance: investors
- 15:45Lance: can
- 15:46Lance: see,
- 15:46Lance: what
- 15:47Lance: did
- 15:47Lance: the
- 15:47Lance: manager
- 15:47Lance: do
- 15:48Lance: in
- 15:48Lance: 2008?
- 15:48Lance: What
- 15:49Lance: did
- 15:49Lance: the
- 15:49Lance: manager
- 15:49Lance: do,
- 15:50Lance: um,
- 15:51Lance: during
- 15:51Lance: these
- 15:51Lance: volatile
- 15:52Lance: times
- 15:52Lance: in
- 15:52Lance: the
- 15:52Lance: marketplace?
- 15:53Lance: Um,
- 15:54Lance: and
- 15:54Lance: sometimes
- 15:54Lance: that's
- 15:55Lance: not
- 15:55Lance: always
- 15:55Lance: possible.
- 15:56Lance: Um,
- 15:57Lance: but
- 15:57Lance: there
- 15:57Lance: are
- 15:57Lance: opportunities,
- 15:58Lance: you
- 15:59Lance: know,
- 15:59Lance: in
- 15:59Lance: some
- 15:59Lance: of
- 15:59Lance: our
- 15:59Lance: funds,
- 16:00Lance: like,
- 16:00Lance: um,
- 16:01Lance: uh,
- 16:01Lance: with
- 16:02Lance: LODI,
- 16:02Lance: right?
- 16:02Lance: W-
- 16:02Lance: it
- 16:03Lance: wasn't
- 16:03Lance: a
- 16:03Lance: conversion,
- 16:04Lance: um,
- 16:04Lance: but
- 16:04Lance: we
- 16:05Lance: are
- 16:05Lance: able
- 16:05Lance: to
- 16:05Lance: use
- 16:05Lance: a
- 16:05Lance: composite
- 16:07Lance: of
- 16:07Lance: the
- 16:07Lance: same
- 16:07Lance: portfolio
- 16:08Lance: management
- 16:08Lance: team,
- 16:09Lance: of
- 16:09Lance: the
- 16:09Lance: same
- 16:10Lance: exact
- 16:10Lance: strategy
- 16:12Lance: that
- 16:12Lance: has
- 16:12Lance: been
- 16:12Lance: successfully
- 16:13Lance: run
- 16:13Lance: for,
- 16:14Lance: for
- 16:14Lance: 10-plus
- 16:14Lance: years.
- 16:15Lance: So
- 16:15Lance: when
- 16:15Lance: you
- 16:16Lance: look
- 16:16Lance: at
- 16:16Lance: the
- 16:16Lance: short-term
- 16:17Lance: performance
- 16:17Lance: and
- 16:17Lance: say,
- 16:18Lance: "Okay,
- 16:18Lance: this
- 16:18Lance: LODI,
- 16:18Lance: the
- 16:19Lance: AAM
- 16:19Lance: Low
- 16:19Lance: Duration
- 16:20Lance: Income
- 16:21Lance: ETF,
- 16:21Lance: is
- 16:21Lance: performing
- 16:22Lance: exceptionally
- 16:23Lance: well
- 16:23Lance: in
- 16:23Lance: its
- 16:23Lance: Morningstar
- 16:24Lance: peer,
- 16:24Lance: uh,
- 16:25Lance: category,
- 16:26Lance: but
- 16:26Lance: what
- 16:26Lance: has
- 16:26Lance: it
- 16:27Lance: done
- 16:27Lance: over
- 16:27Lance: the
- 16:27Lance: last
- 16:27Lance: 10
- 16:28Lance: years?"
- 16:28Lance: And
- 16:28Lance: you
- 16:28Lance: can
- 16:28Lance: actually
- 16:29Lance: go
- 16:29Lance: to
- 16:29Lance: the
- 16:29Lance: prospectus
- 16:30Lance: and
- 16:30Lance: the
- 16:30Lance: SAI
- 16:31Lance: and
- 16:31Lance: see
- 16:32Lance: a
- 16:32Lance: composite
- 16:33Lance: track
- 16:33Lance: record
- 16:33Lance: of
- 16:33Lance: that
- 16:34Lance: strategy.
- 16:35Lance: So
- 16:35Lance: these
- 16:35Lance: are
- 16:35Lance: some
- 16:35Lance: of
- 16:35Lance: the
- 16:35Lance: things
- 16:36Lance: that
- 16:36Lance: we're
- 16:36Lance: looking
- 16:36Lance: to
- 16:36Lance: do
- 16:37Lance: to
- 16:37Lance: make
- 16:37Lance: the,
- 16:38Lance: the
- 16:38Lance: life
- 16:38Lance: and
- 16:38Lance: the
- 16:38Lance: due
- 16:39Lance: diligence
- 16:39Lance: of
- 16:39Lance: some
- 16:40Lance: shareholders
- 16:40Lance: or
- 16:40Lance: prospects
- 16:41Lance: or
- 16:41Lance: potential
- 16:42Lance: investors,
- 16:43Lance: uh,
- 16:43Lance: be
- 16:43Lance: comfortable
- 16:44Lance: with
- 16:44Lance: some
- 16:44Lance: active
- 16:44Lance: ETFs
- 16:45Lance: that
- 16:45Lance: may
- 16:45Lance: not
- 16:45Lance: have
- 16:46Lance: a,
- 16:46Lance: a
- 16:46Lance: very
- 16:46Lance: long
- 16:47Lance: track
- 16:47Lance: record.
- 16:49Ryan: Yeah,
- 16:49Ryan: that's
- 16:49Ryan: a
- 16:49Ryan: very
- 16:49Ryan: good
- 16:50Ryan: point
- 16:50Ryan: because
- 16:51Ryan: when
- 16:51Ryan: I,
- 16:53Ryan: do
- 16:53Ryan: some
- 16:53Ryan: research
- 16:54Ryan: on
- 16:54Ryan: some
- 16:54Ryan: of
- 16:54Ryan: these
- 16:55Ryan: products,
- 16:55Ryan: they
- 16:55Ryan: might
- 16:55Ryan: only
- 16:56Ryan: have
- 16:56Ryan: a
- 16:56Ryan: year,
- 16:57Ryan: two
- 16:57Ryan: years,
- 16:58Ryan: and
- 16:58Ryan: so
- 16:58Ryan: it's
- 16:59Ryan: hard
- 16:59Ryan: work.
- 17:00Ryan: I
- 17:00Ryan: want
- 17:00Ryan: more
- 17:00Ryan: than
- 17:01Ryan: that.
- 17:01Ryan: I
- 17:01Ryan: want
- 17:02Ryan: four
- 17:02Ryan: years
- 17:02Ryan: of
- 17:02Ryan: consistency,
- 17:04Ryan: five
- 17:04Ryan: years
- 17:04Ryan: of
- 17:04Ryan: consistency,
- 17:05Ryan: and
- 17:05Ryan: go-
- 17:06Ryan: bringing
- 17:06Ryan: it
- 17:06Ryan: back
- 17:06Ryan: to
- 17:06Ryan: sports
- 17:07Ryan: cards,
- 17:08Ryan: a
- 17:08Ryan: lot
- 17:09Ryan: of
- 17:09Ryan: these,
- 17:09Ryan: like,
- 17:09Ryan: like,
- 17:10Ryan: I
- 17:10Ryan: want
- 17:10Ryan: the
- 17:10Ryan: Tony
- 17:10Ryan: Gwynn.
- 17:11Ryan: I
- 17:12Ryan: want
- 17:12Ryan: the
- 17:12Ryan: Cal
- 17:12Ryan: Ripken,
- 17:13Ryan: who
- 17:13Ryan: has
- 17:13Ryan: the
- 17:13Ryan: longevity.
- 17:14Ryan: Yeah.
- 17:15Ryan: Remember
- 17:15Ryan: Greg
- 17:15Ryan: Jefferies?
- 17:16Ryan: Oh,
- 17:17Ryan: Greg
- 17:17Ryan: Jefferies.
- 17:17Ryan: Greg
- 17:17Ryan: Jeff-
- 17:18Ryan: Everybody
- 17:18Ryan: wanted
- 17:18Ryan: Greg
- 17:19Ryan: Jefferies,
- 17:19Ryan: and,
- 17:21Ryan: uh,
- 17:21Ryan: God
- 17:21Ryan: bless
- 17:22Ryan: him.
- 17:22Ryan: Yeah.
- 17:22Ryan: I
- 17:22Ryan: don't
- 17:22Ryan: know
- 17:22Ryan: what
- 17:22Ryan: happened
- 17:23Ryan: to
- 17:23Ryan: him,
- 17:23Ryan: but,
- 17:23Ryan: um-
- 17:24Ryan: I
- 17:24Ryan: want
- 17:24Ryan: that
- 17:25Ryan: consistency.
- 17:26Ryan: How,
- 17:26Ryan: like,
- 17:28Ryan: how
- 17:28Ryan: can
- 17:28Ryan: you
- 17:28Ryan: find
- 17:29Ryan: that
- 17:29Ryan: when,
- 17:30Ryan: you
- 17:30Ryan: know
- 17:30Ryan: what,
- 17:31Ryan: these
- 17:31Ryan: new
- 17:31Ryan: products,
- 17:32Ryan: yes,
- 17:32Ryan: it
- 17:32Ryan: sounds
- 17:33Ryan: great,
- 17:33Ryan: this
- 17:33Ryan: auto-callable
- 17:34Ryan: product,
- 17:35Ryan: these
- 17:35Ryan: buffer
- 17:35Ryan: products,
- 17:36Ryan: they
- 17:36Ryan: sound
- 17:36Ryan: fantastic.
- 17:37Lance: Mm-hmm.
- 17:38Ryan: But
- 17:38Ryan: we've
- 17:39Ryan: only
- 17:39Ryan: had
- 17:39Ryan: a
- 17:40Ryan: bull
- 17:40Ryan: market,
- 17:41Ryan: and-
- 17:41Ryan: Mm-hmm
- 17:41Ryan: how
- 17:42Ryan: can
- 17:42Ryan: you,
- 17:43Ryan: like,
- 17:43Ryan: say,
- 17:43Ryan: "Okay,
- 17:44Ryan: if
- 17:44Ryan: we're
- 17:44Ryan: down
- 17:45Ryan: 20%,
- 17:46Ryan: how
- 17:47Ryan: are
- 17:47Ryan: these
- 17:47Ryan: new
- 17:47Ryan: products
- 17:48Ryan: gonna
- 17:48Ryan: react
- 17:48Ryan: when
- 17:48Ryan: we
- 17:49Ryan: don't
- 17:49Ryan: have
- 17:50Ryan: historical
- 17:50Ryan: precedence
- 17:51Ryan: with
- 17:51Ryan: these
- 17:51Ryan: products
- 17:52Ryan: to
- 17:52Ryan: find
- 17:52Ryan: out
- 17:52Ryan: what
- 17:52Ryan: they
- 17:53Ryan: do
- 17:53Ryan: in
- 17:53Ryan: a
- 17:53Ryan: bear
- 17:54Ryan: market?"
- 17:55Lance: Yeah.
- 17:55Lance: Well,
- 17:55Lance: I
- 17:55Lance: would
- 17:55Lance: say
- 17:56Lance: some,
- 17:56Lance: some
- 17:56Lance: of
- 17:56Lance: these
- 17:56Lance: products
- 17:57Lance: that
- 17:57Lance: we're
- 17:57Lance: mentioning,
- 17:57Lance: right,
- 17:58Lance: these
- 17:58Lance: are,
- 17:58Lance: some
- 17:59Lance: of
- 17:59Lance: them,
- 17:59Lance: you
- 18:00Lance: know,
- 18:00Lance: in
- 18:00Lance: theory,
- 18:00Lance: they
- 18:01Lance: are
- 18:01Lance: rules-based
- 18:02Lance: and,
- 18:02Lance: and
- 18:02Lance: quant-driven.
- 18:03Lance: So
- 18:03Lance: it
- 18:04Lance: is
- 18:04Lance: a-
- 18:04Lance: you
- 18:04Lance: are
- 18:04Lance: able
- 18:05Lance: to
- 18:05Lance: back
- 18:05Lance: test
- 18:05Lance: some
- 18:06Lance: of
- 18:06Lance: these.
- 18:06Lance: But
- 18:06Lance: for
- 18:06Lance: the
- 18:06Lance: active
- 18:07Lance: strategies,
- 18:07Lance: right,
- 18:07Lance: the
- 18:08Lance: true
- 18:08Lance: active
- 18:08Lance: strategies,
- 18:09Lance: it's
- 18:10Lance: very
- 18:10Lance: hard
- 18:10Lance: to
- 18:10Lance: understand
- 18:11Lance: what
- 18:11Lance: an
- 18:11Lance: active
- 18:12Lance: manager
- 18:12Lance: would
- 18:12Lance: have
- 18:12Lance: done
- 18:13Lance: in
- 18:13Lance: 2008,
- 18:14Lance: 2009,
- 18:14Lance: right?
- 18:14Lance: So,
- 18:15Lance: um,
- 18:16Lance: it,
- 18:16Lance: it
- 18:16Lance: is
- 18:16Lance: very
- 18:17Lance: hard
- 18:17Lance: from
- 18:17Lance: that
- 18:17Lance: aspect,
- 18:18Lance: and
- 18:18Lance: that's
- 18:18Lance: why
- 18:18Lance: we
- 18:18Lance: keep
- 18:19Lance: coming
- 18:19Lance: back
- 18:20Lance: to,
- 18:20Lance: how
- 18:21Lance: can
- 18:21Lance: we
- 18:21Lance: ease
- 18:21Lance: the
- 18:21Lance: minds
- 18:22Lance: of
- 18:22Lance: shareholders,
- 18:23Lance: specifically
- 18:23Lance: with
- 18:23Lance: our
- 18:24Lance: active
- 18:24Lance: strategies?
- 18:25Lance: And
- 18:25Lance: as
- 18:25Lance: I
- 18:25Lance: sort
- 18:26Lance: of
- 18:26Lance: alluded
- 18:26Lance: to
- 18:26Lance: before
- 18:27Lance: is,
- 18:27Lance: you
- 18:27Lance: know,
- 18:28Lance: at
- 18:28Lance: AAM,
- 18:28Lance: whether
- 18:29Lance: it's
- 18:29Lance: working
- 18:30Lance: with
- 18:30Lance: the
- 18:30Lance: team
- 18:30Lance: at
- 18:30Lance: Sawgrass
- 18:31Lance: or
- 18:31Lance: the
- 18:31Lance: team
- 18:31Lance: at
- 18:32Lance: Brentview
- 18:32Lance: or
- 18:32Lance: Crescent
- 18:33Lance: Capital
- 18:34Lance: or,
- 18:34Lance: or
- 18:34Lance: SLC
- 18:35Lance: Fixed
- 18:35Lance: Income,
- 18:36Lance: these
- 18:36Lance: are
- 18:36Lance: firms
- 18:37Lance: that
- 18:37Lance: have
- 18:37Lance: been
- 18:37Lance: around
- 18:38Lance: for
- 18:38Lance: decades,
- 18:39Lance: right?
- 18:39Lance: These
- 18:39Lance: are
- 18:39Lance: firms
- 18:40Lance: that
- 18:40Lance: specialize
- 18:41Lance: in
- 18:41Lance: specific
- 18:42Lance: asset
- 18:42Lance: classes
- 18:43Lance: and
- 18:43Lance: specific
- 18:44Lance: strategies.
- 18:45Lance: So
- 18:45Lance: it's
- 18:45Lance: easy
- 18:46Lance: to
- 18:46Lance: sort
- 18:46Lance: of
- 18:46Lance: convey,
- 18:47Lance: "This
- 18:47Lance: is
- 18:47Lance: what
- 18:47Lance: we've
- 18:48Lance: done,"
- 18:48Lance: right?
- 18:48Lance: It
- 18:48Lance: may
- 18:48Lance: have
- 18:49Lance: not
- 18:49Lance: been
- 18:49Lance: an
- 18:49Lance: ETF,
- 18:50Lance: but
- 18:51Lance: it
- 18:51Lance: may
- 18:51Lance: have
- 18:51Lance: been
- 18:51Lance: in
- 18:51Lance: a
- 18:51Lance: mutual
- 18:52Lance: fund.
- 18:52Lance: It
- 18:52Lance: may
- 18:52Lance: be
- 18:52Lance: an
- 18:53Lance: SMA,
- 18:53Lance: or
- 18:53Lance: it
- 18:53Lance: may
- 18:54Lance: be
- 18:54Lance: a,
- 18:54Lance: a
- 18:54Lance: unit
- 18:55Lance: investment
- 18:55Lance: trust.
- 18:56Lance: Um,
- 18:56Lance: and,
- 18:57Lance: and
- 18:57Lance: that's
- 18:57Lance: what
- 18:57Lance: we
- 18:57Lance: pride
- 18:58Lance: ours-
- 18:58Lance: selves
- 18:58Lance: on
- 18:59Lance: here
- 18:59Lance: at
- 18:59Lance: AAM,
- 18:59Lance: is
- 19:00Lance: finding
- 19:01Lance: the
- 19:01Lance: best
- 19:01Lance: of
- 19:01Lance: the
- 19:01Lance: best,
- 19:02Lance: finding
- 19:02Lance: the
- 19:02Lance: institutional
- 19:03Lance: manager,
- 19:04Lance: um,
- 19:04Lance: that
- 19:05Lance: has
- 19:05Lance: a
- 19:05Lance: fantastic
- 19:06Lance: track
- 19:06Lance: record
- 19:06Lance: and
- 19:07Lance: strategy,
- 19:08Lance: and
- 19:08Lance: bringing
- 19:08Lance: them
- 19:09Lance: to
- 19:09Lance: the
- 19:09Lance: world
- 19:09Lance: of
- 19:09Lance: ETF
- 19:10Lance: so
- 19:10Lance: the,
- 19:10Lance: so
- 19:11Lance: the
- 19:11Lance: masses,
- 19:11Lance: as
- 19:12Lance: we
- 19:12Lance: sort
- 19:12Lance: of
- 19:12Lance: touched
- 19:13Lance: upon
- 19:13Lance: already,
- 19:13Lance: the
- 19:13Lance: retail
- 19:14Lance: audience,
- 19:14Lance: the
- 19:14Lance: institutional
- 19:15Lance: audience,
- 19:16Lance: um,
- 19:17Lance: you
- 19:17Lance: know,
- 19:17Lance: and
- 19:17Lance: the
- 19:17Lance: individual
- 19:18Lance: brokerage
- 19:18Lance: account
- 19:19Lance: at
- 19:19Lance: Fidelity
- 19:19Lance: or
- 19:19Lance: Schwab,
- 19:20Lance: um,
- 19:21Lance: can
- 19:21Lance: also
- 19:22Lance: purchase
- 19:22Lance: and
- 19:22Lance: access
- 19:23Lance: these
- 19:23Lance: tools,
- 19:24Lance: um,
- 19:24Lance: for
- 19:24Lance: their,
- 19:25Lance: you
- 19:25Lance: know,
- 19:25Lance: personal
- 19:26Lance: consumption.
- 19:26Lance: So,
- 19:27Lance: um,
- 19:27Lance: it
- 19:27Lance: is
- 19:28Lance: hard,
- 19:28Lance: but
- 19:29Lance: there
- 19:29Lance: are
- 19:29Lance: ways
- 19:30Lance: to,
- 19:30Lance: um,
- 19:31Lance: overcome
- 19:31Lance: that
- 19:32Lance: hurdle,
- 19:32Lance: um,
- 19:33Lance: specifically
- 19:34Lance: with
- 19:34Lance: active
- 19:34Lance: strategies.
- 19:36Ryan: Yeah,
- 19:37Ryan: and
- 19:38Ryan: i-
- 19:38Ryan: it,
- 19:38Ryan: that's
- 19:38Ryan: one
- 19:39Ryan: of
- 19:39Ryan: my
- 19:39Ryan: favorite
- 19:39Ryan: things
- 19:39Ryan: about
- 19:39Ryan: ETFs,
- 19:40Ryan: is
- 19:41Ryan: the
- 19:41Ryan: democratization,
- 19:41Ryan: the
- 19:43Ryan: innovation.
- 19:44Ryan: There,
- 19:45Ryan: y-
- 19:45Ryan: 10
- 19:45Ryan: years
- 19:46Ryan: ago,
- 19:46Ryan: Lance,
- 19:47Ryan: some
- 19:47Ryan: of
- 19:47Ryan: these
- 19:48Ryan: strategies
- 19:48Ryan: that
- 19:49Ryan: are
- 19:49Ryan: in
- 19:49Ryan: e-
- 19:49Ryan: the
- 19:49Ryan: ETF
- 19:50Ryan: space,
- 19:50Ryan: like
- 19:50Ryan: option
- 19:51Ryan: overlay
- 19:52Ryan: strategies,
- 19:53Ryan: they
- 19:53Ryan: weren't
- 19:53Ryan: gonna
- 19:53Ryan: be
- 19:53Ryan: available
- 19:54Ryan: for...
- 19:54Ryan: They
- 19:55Ryan: weren't
- 19:55Ryan: available
- 19:56Ryan: to
- 19:56Ryan: the
- 19:56Ryan: retail
- 19:56Ryan: investor.
- 19:57Ryan: Now
- 19:57Ryan: they
- 19:57Ryan: are.
- 19:58Ryan: So
- 19:58Ryan: that's
- 19:58Ryan: helped
- 19:59Ryan: them,
- 20:00Ryan: allow
- 20:01Ryan: them
- 20:01Ryan: to
- 20:01Ryan: create
- 20:01Ryan: different
- 20:02Ryan: strategies
- 20:03Ryan: for
- 20:03Ryan: their
- 20:03Ryan: investment
- 20:03Ryan: portfolio.
- 20:04Ryan: And
- 20:04Ryan: at
- 20:04Ryan: the
- 20:04Ryan: end
- 20:04Ryan: of
- 20:05Ryan: the
- 20:05Ryan: day,
- 20:05Ryan: that's
- 20:05Ryan: what's
- 20:05Ryan: most
- 20:05Ryan: important,
- 20:06Ryan: helping
- 20:07Ryan: them
- 20:07Ryan: achieve
- 20:07Ryan: their
- 20:08Ryan: goals,
- 20:09Ryan: whatever
- 20:09Ryan: type
- 20:09Ryan: of
- 20:10Ryan: investment
- 20:10Ryan: is.
- 20:10Ryan: But
- 20:11Ryan: like
- 20:11Ryan: you
- 20:11Ryan: said,
- 20:11Ryan: does
- 20:11Ryan: that
- 20:12Ryan: cause
- 20:12Ryan: a
- 20:12Ryan: lot
- 20:12Ryan: of
- 20:12Ryan: problems
- 20:13Ryan: here,
- 20:13Ryan: especially
- 20:14Ryan: when
- 20:14Ryan: there's
- 20:14Ryan: not
- 20:15Ryan: a
- 20:15Ryan: long
- 20:16Ryan: track
- 20:16Ryan: record,
- 20:17Ryan: longevity
- 20:17Ryan: there?
- 20:18Ryan: Mm-hmm.
- 20:18Ryan: Cause
- 20:19Ryan: some
- 20:19Ryan: issues.
- 20:19Ryan: How
- 20:19Ryan: can
- 20:19Ryan: we
- 20:20Ryan: get
- 20:20Ryan: over
- 20:21Ryan: those
- 20:21Ryan: issues
- 20:21Ryan: and
- 20:21Ryan: make
- 20:22Ryan: sure
- 20:22Ryan: the
- 20:22Ryan: retail
- 20:22Ryan: investor
- 20:24Ryan: knows
- 20:24Ryan: what
- 20:24Ryan: they're
- 20:24Ryan: getting
- 20:25Ryan: themselves
- 20:25Ryan: into,
- 20:26Ryan: and
- 20:26Ryan: making
- 20:26Ryan: sure
- 20:26Ryan: there's
- 20:27Ryan: that
- 20:27Ryan: alignment
- 20:28Ryan: between
- 20:28Ryan: their
- 20:29Ryan: objective
- 20:29Ryan: risk
- 20:30Ryan: tolerance
- 20:30Ryan: and
- 20:31Ryan: that
- 20:31Ryan: product?
- 20:32Lance: Yeah.
- 20:32Lance: And
- 20:32Lance: I,
- 20:33Lance: and
- 20:33Lance: I
- 20:33Lance: think
- 20:33Lance: on,
- 20:33Lance: on,
- 20:33Lance: on
- 20:34Lance: that
- 20:34Lance: front,
- 20:34Lance: right,
- 20:35Lance: we
- 20:35Lance: always,
- 20:35Lance: you
- 20:35Lance: know,
- 20:35Lance: we
- 20:36Lance: were
- 20:36Lance: talking
- 20:36Lance: about
- 20:36Lance: hitting
- 20:36Lance: singles
- 20:37Lance: and
- 20:37Lance: doubles,
- 20:38Lance: right?
- 20:38Lance: And,
- 20:38Lance: and
- 20:38Lance: we
- 20:38Lance: can
- 20:39Lance: take
- 20:39Lance: shots,
- 20:39Lance: right?
- 20:40Lance: We
- 20:40Lance: can
- 20:40Lance: take,
- 20:40Lance: you
- 20:40Lance: know,
- 20:41Lance: if
- 20:41Lance: somebody
- 20:41Lance: wants
- 20:41Lance: to,
- 20:42Lance: you
- 20:42Lance: know,
- 20:42Lance: quote-unquote,
- 20:43Lance: "gamble"
- 20:43Lance: in
- 20:43Lance: their
- 20:43Lance: portfolio
- 20:44Lance: to
- 20:44Lance: some
- 20:45Lance: extent,
- 20:45Lance: and
- 20:45Lance: that's
- 20:45Lance: probably
- 20:46Lance: the
- 20:46Lance: worst,
- 20:46Lance: one
- 20:46Lance: of
- 20:47Lance: the
- 20:47Lance: worst
- 20:47Lance: words
- 20:47Lance: I
- 20:47Lance: can
- 20:47Lance: use.
- 20:48Lance: But
- 20:48Lance: if
- 20:48Lance: they
- 20:49Lance: have
- 20:49Lance: a
- 20:49Lance: preference
- 20:49Lance: on
- 20:50Lance: something
- 20:50Lance: and
- 20:50Lance: they,
- 20:50Lance: they
- 20:51Lance: have
- 20:51Lance: high
- 20:51Lance: conviction
- 20:52Lance: in
- 20:52Lance: something,
- 20:53Lance: you
- 20:53Lance: know,
- 20:53Lance: it's
- 20:53Lance: okay
- 20:53Lance: to
- 20:54Lance: use
- 20:54Lance: some
- 20:54Lance: of
- 20:54Lance: these
- 20:55Lance: products,
- 20:55Lance: right?
- 20:55Lance: To,
- 20:56Lance: to
- 20:56Lance: sort
- 20:56Lance: of
- 20:56Lance: tilt
- 20:57Lance: your
- 20:57Lance: portfolio
- 20:58Lance: to
- 20:58Lance: the,
- 20:59Lance: to
- 20:59Lance: your
- 20:59Lance: view,
- 20:59Lance: uh,
- 21:00Lance: views
- 21:00Lance: in
- 21:00Lance: terms
- 21:00Lance: of
- 21:01Lance: where
- 21:01Lance: the
- 21:01Lance: market
- 21:01Lance: may
- 21:02Lance: be
- 21:02Lance: going.
- 21:02Lance: But,
- 21:03Lance: you
- 21:03Lance: know,
- 21:03Lance: i-
- 21:03Lance: in,
- 21:04Lance: uh,
- 21:04Lance: in
- 21:04Lance: my,
- 21:05Lance: in
- 21:06Lance: my
- 21:06Lance: view,
- 21:06Lance: the
- 21:06Lance: way
- 21:06Lance: that,
- 21:07Lance: you
- 21:07Lance: know,
- 21:07Lance: we
- 21:07Lance: have
- 21:08Lance: constructed
- 21:08Lance: our
- 21:08Lance: portfolio,
- 21:09Lance: it's
- 21:09Lance: about
- 21:09Lance: hitting
- 21:09Lance: the
- 21:10Lance: singles
- 21:10Lance: and
- 21:10Lance: doubles,
- 21:11Lance: right?
- 21:11Lance: I
- 21:11Lance: know
- 21:11Lance: everybody
- 21:12Lance: wants
- 21:12Lance: to
- 21:12Lance: hit
- 21:12Lance: the
- 21:12Lance: home
- 21:12Lance: runs,
- 21:13Lance: right?
- 21:13Lance: But
- 21:13Lance: what
- 21:13Lance: happens
- 21:14Lance: when
- 21:14Lance: you're
- 21:14Lance: the
- 21:14Lance: Yankees
- 21:15Lance: and,
- 21:15Lance: and
- 21:15Lance: unfortunately,
- 21:16Lance: that
- 21:16Lance: long
- 21:17Lance: ball
- 21:17Lance: isn't
- 21:17Lance: there
- 21:17Lance: in
- 21:17Lance: the
- 21:18Lance: playoffs,
- 21:18Lance: right?
- 21:18Lance: And,
- 21:19Lance: you
- 21:19Lance: know,
- 21:19Lance: you
- 21:20Lance: have
- 21:20Lance: Toronto
- 21:21Lance: that's
- 21:21Lance: playing
- 21:21Lance: the
- 21:21Lance: small,
- 21:22Lance: small
- 21:22Lance: ball
- 21:23Lance: and
- 21:23Lance: advancing
- 21:23Lance: runners
- 21:24Lance: and,
- 21:25Lance: you
- 21:25Lance: know,
- 21:25Lance: having
- 21:25Lance: sac
- 21:25Lance: bunts
- 21:26Lance: and,
- 21:26Lance: and
- 21:26Lance: doing
- 21:26Lance: everything
- 21:27Lance: it
- 21:27Lance: takes
- 21:27Lance: to
- 21:28Lance: get,
- 21:28Lance: you
- 21:28Lance: know,
- 21:28Lance: runs
- 21:29Lance: on
- 21:29Lance: the
- 21:29Lance: board
- 21:29Lance: and,
- 21:29Lance: a-
- 21:30Lance: and,
- 21:30Lance: uh,
- 21:31Lance: you
- 21:31Lance: know,
- 21:31Lance: win
- 21:31Lance: ball
- 21:31Lance: games.
- 21:32Lance: Um,
- 21:33Lance: so,
- 21:33Lance: you
- 21:33Lance: know,
- 21:33Lance: there's
- 21:33Lance: some
- 21:34Lance: things
- 21:34Lance: that
- 21:34Lance: we
- 21:34Lance: can
- 21:34Lance: do.
- 21:34Lance: Obviously,
- 21:35Lance: you
- 21:36Lance: know,
- 21:36Lance: when
- 21:36Lance: we
- 21:36Lance: look
- 21:37Lance: at,
- 21:37Lance: you
- 21:37Lance: know,
- 21:38Lance: what
- 21:38Lance: differentiates
- 21:39Lance: ETFs
- 21:39Lance: from
- 21:40Lance: the
- 21:40Lance: other,
- 21:40Lance: it
- 21:40Lance: comes
- 21:40Lance: down
- 21:41Lance: to
- 21:41Lance: strategy,
- 21:41Lance: right?
- 21:42Lance: Is
- 21:42Lance: the
- 21:42Lance: strategy
- 21:43Lance: very
- 21:43Lance: much
- 21:43Lance: in
- 21:44Lance: line
- 21:44Lance: with
- 21:44Lance: what
- 21:44Lance: you're,
- 21:45Lance: what
- 21:45Lance: you're
- 21:45Lance: trying
- 21:46Lance: to
- 21:46Lance: achieve?
- 21:46Lance: And,
- 21:47Lance: um,
- 21:48Lance: you
- 21:48Lance: know,
- 21:48Lance: I,
- 21:48Lance: I,
- 21:49Lance: going
- 21:49Lance: back
- 21:50Lance: to,
- 21:50Lance: to
- 21:50Lance: our
- 21:50Lance: sons,
- 21:51Lance: it,
- 21:51Lance: it
- 21:51Lance: really
- 21:52Lance: is
- 21:52Lance: common
- 21:53Lance: sense
- 21:54Lance: and
- 21:54Lance: being
- 21:55Lance: very
- 21:55Lance: deliberate
- 21:56Lance: a-
- 21:56Lance: and
- 21:57Lance: having,
- 21:57Lance: uh,
- 21:57Lance: a
- 21:57Lance: lot
- 21:58Lance: of
- 21:58Lance: discipline
- 21:59Lance: i-
- 21:59Lance: in
- 21:59Lance: your
- 22:00Lance: process.
- 22:00Lance: And
- 22:01Lance: it's
- 22:01Lance: no
- 22:01Lance: different
- 22:01Lance: of
- 22:02Lance: going
- 22:02Lance: out
- 22:02Lance: and,
- 22:02Lance: you
- 22:03Lance: know,
- 22:03Lance: trying
- 22:03Lance: to
- 22:03Lance: purchase
- 22:04Lance: a
- 22:04Lance: sports
- 22:04Lance: car
- 22:04Lance: or
- 22:05Lance: putting
- 22:05Lance: together
- 22:05Lance: a
- 22:05Lance: well-balanced
- 22:06Lance: allocation
- 22:07Lance: of,
- 22:08Lance: you
- 22:08Lance: know,
- 22:08Lance: ETFs
- 22:08Lance: or
- 22:09Lance: other,
- 22:09Lance: you
- 22:09Lance: know,
- 22:09Lance: asset
- 22:10Lance: vehicles.
- 22:12Ryan: Yeah,
- 22:12Ryan: you're
- 22:12Ryan: exactly
- 22:13Ryan: correct.
- 22:13Ryan: And
- 22:14Ryan: I
- 22:14Ryan: talk
- 22:14Ryan: a
- 22:14Ryan: lot
- 22:15Ryan: about
- 22:15Ryan: consistency,
- 22:16Ryan: the
- 22:16Ryan: importance
- 22:17Ryan: of
- 22:17Ryan: consistency
- 22:18Ryan: in
- 22:18Ryan: investing
- 22:19Ryan: and
- 22:20Ryan: making
- 22:20Ryan: sure,
- 22:21Ryan: a
- 22:21Ryan: more
- 22:21Ryan: consistent,
- 22:23Ryan: uh,
- 22:23Ryan: historical
- 22:24Ryan: return
- 22:25Ryan: by
- 22:25Ryan: a
- 22:25Ryan: manager
- 22:25Ryan: allows
- 22:26Ryan: your
- 22:26Ryan: clients
- 22:26Ryan: to
- 22:26Ryan: sleep
- 22:27Ryan: better
- 22:27Ryan: at
- 22:27Ryan: night
- 22:27Ryan: knowing
- 22:28Ryan: that
- 22:28Ryan: this
- 22:28Ryan: is
- 22:29Ryan: what
- 22:29Ryan: we're
- 22:29Ryan: gonna
- 22:29Ryan: get
- 22:30Ryan: from
- 22:30Ryan: our
- 22:30Ryan: manager.
- 22:31Ryan: Not
- 22:31Ryan: gonna
- 22:31Ryan: get
- 22:32Ryan: a
- 22:32Ryan: lot
- 22:32Ryan: of
- 22:32Ryan: home
- 22:32Ryan: runs.
- 22:33Ryan: You're
- 22:33Ryan: not
- 22:33Ryan: gonna
- 22:34Ryan: get
- 22:34Ryan: a
- 22:34Ryan: lot
- 22:34Ryan: of
- 22:34Ryan: strikeouts.
- 22:35Ryan: But
- 22:35Ryan: those
- 22:35Ryan: singles
- 22:36Ryan: and
- 22:36Ryan: doubles,
- 22:37Ryan: they
- 22:37Ryan: add
- 22:37Ryan: up.
- 22:38Ryan: Absolutely.
- 22:38Ryan: Compounding
- 22:39Ryan: returns,
- 22:40Ryan: Lance.
- 22:40Ryan: That's
- 22:40Ryan: it.
- 22:41Ryan: There's
- 22:41Ryan: a
- 22:41Ryan: reason
- 22:42Ryan: why
- 22:42Ryan: it's
- 22:42Ryan: so
- 22:42Ryan: important.
- 22:43Lance: Exactly.
- 22:43Lance: Exactly.
- 22:43Ryan: But
- 22:44Ryan: you
- 22:44Ryan: know
- 22:44Ryan: what?
- 22:45Ryan: Everybody
- 22:45Ryan: likes
- 22:46Ryan: the
- 22:46Ryan: home
- 22:46Ryan: runs,
- 22:47Ryan: and-
- 22:47Lance: Yeah
- 22:48Ryan: and,
- 22:48Ryan: and
- 22:48Ryan: they're
- 22:49Ryan: fu-
- 22:49Ryan: I
- 22:49Ryan: think
- 22:50Ryan: I
- 22:50Ryan: read,
- 22:50Ryan: um...
- 22:51Ryan: There's
- 22:51Ryan: an
- 22:51Ryan: article
- 22:52Ryan: about,
- 22:52Ryan: and
- 22:52Ryan: we
- 22:52Ryan: talked
- 22:53Ryan: about
- 22:53Ryan: this,
- 22:53Ryan: about
- 22:54Ryan: the...
- 22:54Ryan: I
- 22:54Ryan: can't
- 22:54Ryan: think
- 22:55Ryan: of
- 22:55Ryan: his
- 22:55Ryan: name
- 22:55Ryan: right
- 22:55Ryan: offhand,
- 22:56Ryan: but
- 22:56Ryan: Chicago
- 22:56Ryan: White
- 22:57Ryan: Sox-
- 22:58Ryan: He's
- 22:59Ryan: a
- 22:59Ryan: star
- 22:59Ryan: from
- 22:59Ryan: Japan,
- 23:00Ryan: but
- 23:01Ryan: all
- 23:01Ryan: he
- 23:01Ryan: does,
- 23:01Ryan: he
- 23:01Ryan: either
- 23:02Ryan: hits
- 23:02Ryan: home
- 23:02Ryan: runs,
- 23:03Ryan: strikes
- 23:03Ryan: outs,
- 23:04Ryan: strikeouts,
- 23:05Ryan: or
- 23:05Ryan: walks.
- 23:06Ryan: Mm-hmm.
- 23:06Ryan: And
- 23:06Ryan: that's
- 23:07Ryan: what
- 23:07Ryan: he
- 23:07Ryan: does,
- 23:07Ryan: and
- 23:08Ryan: people
- 23:08Ryan: love
- 23:08Ryan: him.
- 23:09Ryan: Everybody
- 23:09Ryan: wants
- 23:09Ryan: his
- 23:10Ryan: card
- 23:10Ryan: because
- 23:10Ryan: he
- 23:11Ryan: hits
- 23:11Ryan: home
- 23:11Ryan: runs,
- 23:11Ryan: his
- 23:12Ryan: batting
- 23:12Ryan: average.
- 23:13Ryan: Like
- 23:13Ryan: today,
- 23:13Ryan: remember
- 23:14Ryan: when
- 23:14Ryan: we
- 23:14Ryan: were
- 23:14Ryan: kids,
- 23:15Ryan: Lance?
- 23:16Ryan: Anything
- 23:17Ryan: over
- 23:17Ryan: 300
- 23:18Ryan: was
- 23:18Ryan: a
- 23:18Ryan: good
- 23:18Ryan: batting
- 23:19Ryan: average.
- 23:19Ryan: Yeah.
- 23:19Ryan: How
- 23:19Ryan: many
- 23:20Ryan: players
- 23:20Ryan: now
- 23:20Ryan: have
- 23:21Ryan: a
- 23:21Ryan: batting
- 23:21Ryan: average
- 23:21Ryan: of
- 23:22Ryan: over
- 23:22Ryan: 300?
- 23:23Lance: Yeah,
- 23:23Lance: I
- 23:24Lance: think
- 23:24Lance: the,
- 23:24Lance: the
- 23:24Lance: MLB
- 23:25Lance: batting
- 23:25Lance: average
- 23:25Lance: is
- 23:26Lance: probably,
- 23:26Lance: again,
- 23:27Lance: I
- 23:27Lance: don't
- 23:27Lance: know
- 23:27Lance: the
- 23:27Lance: numbers,
- 23:28Lance: but
- 23:28Lance: it's
- 23:28Lance: probably
- 23:28Lance: the
- 23:28Lance: lowest
- 23:29Lance: it's
- 23:29Lance: ever
- 23:29Lance: been,
- 23:29Lance: right?
- 23:30Lance: Because,
- 23:30Lance: you
- 23:31Lance: know,
- 23:31Lance: people
- 23:31Lance: are...
- 23:31Lance: People
- 23:32Lance: grow
- 23:32Lance: up
- 23:32Lance: and,
- 23:33Lance: you
- 23:33Lance: know,
- 23:33Lance: my
- 23:33Lance: son
- 23:34Lance: plays
- 23:34Lance: a
- 23:34Lance: lot
- 23:34Lance: of
- 23:34Lance: travel
- 23:34Lance: ball,
- 23:35Lance: and
- 23:35Lance: it's
- 23:35Lance: all
- 23:35Lance: about
- 23:35Lance: hitting
- 23:36Lance: the
- 23:36Lance: ball
- 23:36Lance: hard
- 23:36Lance: in
- 23:36Lance: the
- 23:37Lance: air.
- 23:37Lance: It's,
- 23:37Lance: and
- 23:37Lance: not,
- 23:38Lance: not
- 23:38Lance: advancing
- 23:38Lance: runners,
- 23:39Lance: not
- 23:39Lance: hitting
- 23:39Lance: line
- 23:39Lance: drives,
- 23:40Lance: getting
- 23:40Lance: the
- 23:40Lance: ball
- 23:40Lance: in
- 23:40Lance: the
- 23:41Lance: air
- 23:41Lance: and
- 23:41Lance: hitting
- 23:41Lance: it
- 23:41Lance: hard.
- 23:42Lance: Um-
- 23:43Lance: Mm.
- 23:43Lance: Yeah.
- 23:44Lance: It's,
- 23:44Lance: uh-
- 23:44Lance: Yeah.
- 23:45Lance: Singles
- 23:45Lance: and
- 23:45Lance: doubles,
- 23:46Lance: um,
- 23:46Lance: it's
- 23:46Lance: a,
- 23:47Lance: it's
- 23:47Lance: a
- 23:47Lance: thing
- 23:48Lance: of
- 23:48Lance: the
- 23:48Lance: past.
- 23:49Ryan: Yeah,
- 23:49Ryan: and-
- 23:49Ryan: In
- 23:49Ryan: sports
- 23:50Ryan: for
- 23:50Ryan: the
- 23:50Ryan: folks
- 23:51Ryan: that
- 23:51Ryan: are
- 23:51Ryan: big
- 23:51Ryan: basketball
- 23:52Ryan: fans,
- 23:52Ryan: same
- 23:53Ryan: thing.
- 23:53Ryan: It's
- 23:53Ryan: either
- 23:54Ryan: a
- 23:54Ryan: three-pointer,
- 23:54Ryan: you
- 23:54Ryan: want
- 23:55Ryan: threes,
- 23:55Ryan: or
- 23:56Ryan: dunks.
- 23:57Ryan: The
- 23:57Ryan: mid-range
- 23:57Ryan: game
- 23:58Ryan: is
- 23:58Ryan: gone.
- 23:59Ryan: Um-
- 23:59Lance: Exactly.
- 24:00Lance: Exactly
- 24:00Lance: for
- 24:00Ryan: the
- 24:00Ryan: most
- 24:00Ryan: part.
- 24:01Lance: Can
- 24:01Lance: you
- 24:01Lance: imagine
- 24:01Lance: if
- 24:01Lance: there
- 24:01Lance: was
- 24:02Lance: a
- 24:02Lance: three-point
- 24:02Lance: line
- 24:03Lance: years
- 24:03Lance: and
- 24:03Lance: years
- 24:03Lance: ago,
- 24:03Lance: what
- 24:04Lance: these
- 24:04Lance: guys
- 24:04Lance: would
- 24:04Lance: have...
- 24:04Lance: The
- 24:04Lance: numbers
- 24:05Lance: that
- 24:05Lance: they
- 24:05Lance: would've
- 24:05Lance: been
- 24:05Lance: putting
- 24:06Lance: up-
- 24:06Lance: Oh
- 24:06Lance: it's
- 24:06Lance: just
- 24:06Lance: ridiculous.
- 24:07Ryan: Yeah,
- 24:08Ryan: exactly.
- 24:09Ryan: Exactly.
- 24:09Ryan: So
- 24:10Ryan: with
- 24:11Ryan: that,
- 24:11Ryan: do...
- 24:11Ryan: why
- 24:12Ryan: do
- 24:12Ryan: you
- 24:12Ryan: think
- 24:13Ryan: concepts
- 24:14Ryan: like
- 24:14Ryan: longevity
- 24:15Ryan: and
- 24:16Ryan: consistency
- 24:17Ryan: take
- 24:18Ryan: a
- 24:18Ryan: backseat
- 24:19Ryan: when
- 24:19Ryan: these
- 24:19Ryan: new,
- 24:20Ryan: we
- 24:20Ryan: say
- 24:21Ryan: hot
- 24:21Ryan: rookies
- 24:21Ryan: or,
- 24:22Ryan: um,
- 24:23Ryan: these
- 24:23Ryan: new
- 24:24Ryan: shiny
- 24:25Ryan: ETF
- 24:25Ryan: strategies,
- 24:26Ryan: they
- 24:27Ryan: garner
- 24:27Ryan: all
- 24:27Ryan: the
- 24:27Ryan: headlines.
- 24:28Ryan: Why
- 24:29Ryan: do
- 24:29Ryan: we
- 24:29Ryan: sometimes
- 24:30Ryan: forget
- 24:30Ryan: about
- 24:30Ryan: the
- 24:30Ryan: importance
- 24:31Ryan: of
- 24:31Ryan: consistency
- 24:32Ryan: and
- 24:32Ryan: longevity
- 24:33Ryan: when
- 24:33Ryan: all
- 24:34Ryan: these
- 24:34Ryan: new,
- 24:34Ryan: fun
- 24:35Ryan: strategies
- 24:36Ryan: are
- 24:36Ryan: coming
- 24:36Ryan: out?
- 24:37Lance: You
- 24:37Lance: know,
- 24:37Lance: I,
- 24:38Lance: I,
- 24:38Lance: I
- 24:38Lance: think,
- 24:38Lance: um,
- 24:39Lance: I
- 24:39Lance: think
- 24:39Lance: both
- 24:39Lance: of
- 24:40Lance: these
- 24:40Lance: industries,
- 24:40Lance: you
- 24:41Lance: know,
- 24:41Lance: from
- 24:41Lance: a
- 24:41Lance: marketing
- 24:42Lance: standpoint,
- 24:42Lance: have
- 24:42Lance: really
- 24:43Lance: evolved.
- 24:44Lance: The
- 24:44Lance: marketing
- 24:44Lance: efforts
- 24:45Lance: of
- 24:45Lance: both
- 24:45Lance: ETF
- 24:46Lance: issuers
- 24:46Lance: and
- 24:46Lance: sports,
- 24:47Lance: you
- 24:47Lance: know,
- 24:48Lance: sports
- 24:48Lance: card
- 24:48Lance: companies
- 24:49Lance: ha-
- 24:49Lance: has
- 24:49Lance: really
- 24:50Lance: been
- 24:50Lance: on
- 24:51Lance: point,
- 24:51Lance: right?
- 24:51Lance: You
- 24:52Lance: don't
- 24:52Lance: have
- 24:52Lance: to
- 24:52Lance: go
- 24:52Lance: further
- 24:53Lance: than
- 24:53Lance: TikTok
- 24:53Lance: or
- 24:53Lance: other
- 24:54Lance: areas
- 24:54Lance: of
- 24:54Lance: social
- 24:54Lance: media
- 24:55Lance: to
- 24:56Lance: see
- 24:56Lance: these
- 24:56Lance: advertisements
- 24:57Lance: of,
- 24:57Lance: you
- 24:57Lance: know,
- 24:58Lance: targeting
- 24:58Lance: the
- 24:58Lance: younger
- 24:59Lance: generation
- 24:59Lance: and,
- 25:00Lance: you
- 25:00Lance: know,
- 25:00Lance: "Oh,
- 25:01Lance: look
- 25:01Lance: what
- 25:01Lance: I
- 25:01Lance: just,
- 25:01Lance: you
- 25:01Lance: know,
- 25:02Lance: look
- 25:02Lance: what
- 25:02Lance: I
- 25:02Lance: just
- 25:02Lance: pulled.
- 25:03Lance: Everybody
- 25:03Lance: sees
- 25:03Lance: what
- 25:04Lance: I
- 25:04Lance: just
- 25:04Lance: pulled."
- 25:04Lance: But
- 25:05Lance: they
- 25:05Lance: didn't
- 25:05Lance: know
- 25:06Lance: that
- 25:06Lance: you
- 25:06Lance: just
- 25:06Lance: spent
- 25:06Lance: thousands
- 25:07Lance: and
- 25:07Lance: thousands
- 25:07Lance: of
- 25:07Lance: dollars
- 25:08Lance: for
- 25:08Lance: a,
- 25:08Lance: a
- 25:09Lance: few
- 25:09Lance: hundred
- 25:09Lance: dollar
- 25:09Lance: card.
- 25:10Lance: Um,
- 25:11Lance: and
- 25:11Lance: I,
- 25:11Lance: I
- 25:11Lance: think
- 25:11Lance: you
- 25:11Lance: see
- 25:12Lance: that
- 25:12Lance: on
- 25:12Lance: the
- 25:12Lance: ETF
- 25:12Lance: side
- 25:13Lance: as
- 25:13Lance: well,
- 25:13Lance: and
- 25:13Lance: this
- 25:13Lance: is,
- 25:14Lance: you
- 25:14Lance: know,
- 25:14Lance: this
- 25:14Lance: is
- 25:14Lance: an
- 25:14Lance: industry
- 25:15Lance: that
- 25:15Lance: I've
- 25:15Lance: been
- 25:15Lance: part
- 25:16Lance: of
- 25:16Lance: for,
- 25:16Lance: for
- 25:16Lance: 20-plus
- 25:17Lance: years.
- 25:17Lance: And,
- 25:18Lance: um,
- 25:18Lance: whether
- 25:19Lance: it's
- 25:19Lance: a,
- 25:19Lance: a
- 25:19Lance: flashy
- 25:20Lance: ticker
- 25:20Lance: or
- 25:20Lance: a
- 25:20Lance: new
- 25:21Lance: strategy
- 25:22Lance: or
- 25:22Lance: whatever
- 25:22Lance: it
- 25:22Lance: may
- 25:23Lance: be,
- 25:23Lance: right,
- 25:24Lance: um,
- 25:24Lance: the
- 25:25Lance: barriers
- 25:25Lance: to
- 25:25Lance: enter,
- 25:26Lance: e-
- 25:26Lance: e-
- 25:26Lance: entrance,
- 25:27Lance: uh,
- 25:27Lance: have
- 25:27Lance: gone
- 25:27Lance: so
- 25:28Lance: low-
- 25:29Lance: Um,
- 25:29Lance: that
- 25:30Lance: almost
- 25:30Lance: anything
- 25:30Lance: can
- 25:31Lance: come
- 25:31Lance: to
- 25:31Lance: mar-
- 25:31Lance: a,
- 25:32Lance: a,
- 25:32Lance: well,
- 25:32Lance: a,
- 25:32Lance: a
- 25:33Lance: lot
- 25:33Lance: of
- 25:33Lance: things
- 25:33Lance: can
- 25:33Lance: come
- 25:34Lance: to
- 25:34Lance: market.
- 25:35Lance: Um,
- 25:35Lance: and
- 25:35Lance: I've
- 25:35Lance: seen
- 25:36Lance: products
- 25:36Lance: that,
- 25:36Lance: in
- 25:36Lance: my
- 25:37Lance: view,
- 25:37Lance: have
- 25:37Lance: been,
- 25:38Lance: you
- 25:38Lance: know,
- 25:38Lance: fairly
- 25:39Lance: poor
- 25:39Lance: investment
- 25:40Lance: vehicles,
- 25:40Lance: but
- 25:40Lance: marketed
- 25:41Lance: exceptionally
- 25:42Lance: well,
- 25:42Lance: um,
- 25:43Lance: and
- 25:43Lance: have
- 25:43Lance: gone
- 25:43Lance: on
- 25:44Lance: to
- 25:44Lance: raise
- 25:44Lance: a
- 25:44Lance: lot
- 25:44Lance: of
- 25:44Lance: assets.
- 25:45Lance: So
- 25:45Lance: I
- 25:45Lance: think
- 25:45Lance: marketing
- 25:46Lance: has,
- 25:46Lance: has,
- 25:46Lance: has
- 25:46Lance: a
- 25:47Lance: role
- 25:47Lance: in
- 25:47Lance: this,
- 25:47Lance: and
- 25:47Lance: I
- 25:47Lance: think
- 25:48Lance: the,
- 25:48Lance: the
- 25:48Lance: marketing,
- 25:49Lance: you
- 25:49Lance: know,
- 25:49Lance: arms
- 25:50Lance: of
- 25:50Lance: these,
- 25:50Lance: these
- 25:51Lance: industries
- 25:51Lance: are,
- 25:52Lance: are
- 25:52Lance: certainly
- 25:52Lance: getting
- 25:53Lance: better
- 25:53Lance: at
- 25:53Lance: raising
- 25:53Lance: awareness.
- 25:54Lance: Um,
- 25:56Lance: so
- 25:56Lance: I
- 25:56Lance: think
- 25:56Lance: that's,
- 25:56Lance: that's
- 25:57Lance: certainly
- 25:57Lance: one
- 25:57Lance: thing
- 25:57Lance: to,
- 25:58Lance: to
- 25:58Lance: think
- 25:58Lance: about,
- 25:58Lance: is
- 25:58Lance: the
- 25:58Lance: marketing
- 25:59Lance: aspect
- 26:00Lance: of,
- 26:00Lance: of
- 26:00Lance: both
- 26:00Lance: of
- 26:01Lance: these
- 26:01Lance: industries.
- 26:02Ryan: Yeah,
- 26:03Ryan: you
- 26:03Ryan: are
- 26:03Ryan: spot
- 26:04Ryan: on.
- 26:04Ryan: The
- 26:04Ryan: market,
- 26:05Ryan: especially,
- 26:05Ryan: within
- 26:06Ryan: ETFs,
- 26:06Ryan: it's
- 26:06Ryan: so
- 26:07Ryan: competitive.
- 26:08Ryan: The
- 26:08Ryan: space
- 26:08Ryan: is
- 26:08Ryan: so
- 26:09Ryan: competitive.
- 26:10Ryan: Marketing's
- 26:11Ryan: gotta
- 26:11Ryan: get
- 26:11Ryan: very
- 26:11Ryan: unique,
- 26:12Ryan: uh,
- 26:13Ryan: interesting
- 26:14Ryan: to,
- 26:14Ryan: to-
- 26:14Ryan: Exactly
- 26:15Ryan: capture
- 26:15Ryan: the
- 26:15Ryan: eyes,
- 26:15Ryan: but-
- 26:16Lance: I
- 26:16Lance: mean,
- 26:16Lance: how
- 26:16Lance: do
- 26:16Lance: you,
- 26:17Lance: how
- 26:17Lance: do
- 26:17Lance: you
- 26:17Lance: decipher,
- 26:18Lance: you
- 26:18Lance: know,
- 26:18Lance: the
- 26:18Lance: 60th
- 26:19Lance: Bitcoin
- 26:19Lance: from
- 26:20Lance: the
- 26:20Lance: first
- 26:20Lance: Bitcoin
- 26:21Lance: launch,
- 26:21Lance: right?
- 26:21Lance: I
- 26:21Lance: mean,
- 26:22Lance: yeah,
- 26:22Lance: of
- 26:23Lance: course,
- 26:23Lance: we
- 26:23Lance: can
- 26:23Lance: look
- 26:23Lance: at
- 26:23Lance: expense
- 26:24Lance: ratio
- 26:24Lance: and
- 26:24Lance: trading
- 26:25Lance: volume
- 26:25Lance: and
- 26:25Lance: spreads
- 26:26Lance: and
- 26:26Lance: these
- 26:26Lance: things
- 26:27Lance: of
- 26:27Lance: that
- 26:27Lance: nature.
- 26:28Lance: Um,
- 26:28Lance: but
- 26:28Lance: at
- 26:28Lance: the
- 26:29Lance: end
- 26:29Lance: of
- 26:29Lance: the
- 26:29Lance: day,
- 26:29Lance: the...
- 26:29Lance: in,
- 26:30Lance: in
- 26:30Lance: theory,
- 26:30Lance: the
- 26:30Lance: strategies
- 26:31Lance: are,
- 26:31Lance: are
- 26:32Lance: nearly
- 26:32Lance: identical
- 26:32Lance: if
- 26:33Lance: they're,
- 26:33Lance: if
- 26:33Lance: they're
- 26:33Lance: rules-based
- 26:34Lance: options.
- 26:35Lance: Um,
- 26:35Lance: so
- 26:36Lance: it
- 26:36Lance: really
- 26:36Lance: comes
- 26:36Lance: down
- 26:36Lance: to
- 26:37Lance: a,
- 26:37Lance: a
- 26:37Lance: marketing
- 26:38Lance: angle
- 26:39Ryan: And
- 26:39Ryan: to
- 26:39Ryan: me,
- 26:40Ryan: for
- 26:40Ryan: all
- 26:40Ryan: the
- 26:40Ryan: financial
- 26:41Ryan: advisors
- 26:41Ryan: out
- 26:41Ryan: there,
- 26:42Ryan: I
- 26:42Ryan: also
- 26:42Ryan: think
- 26:42Ryan: if,
- 26:43Ryan: you
- 26:43Ryan: know,
- 26:43Ryan: focus
- 26:43Ryan: on
- 26:43Ryan: the
- 26:43Ryan: relationships
- 26:44Ryan: too.
- 26:45Ryan: Like
- 26:45Ryan: you
- 26:45Ryan: said,
- 26:45Ryan: Lance,
- 26:47Ryan: the
- 26:47Ryan: products,
- 26:47Ryan: there's
- 26:48Ryan: not
- 26:48Ryan: a
- 26:48Ryan: whole
- 26:48Ryan: lot
- 26:49Ryan: that
- 26:49Ryan: might
- 26:49Ryan: separate
- 26:50Ryan: product
- 26:50Ryan: A
- 26:50Ryan: of
- 26:51Ryan: product
- 26:51Ryan: B.
- 26:52Ryan: Mm-hmm.
- 26:52Ryan: But
- 26:53Ryan: focus
- 26:53Ryan: on
- 26:53Ryan: the
- 26:53Ryan: relationships
- 26:54Ryan: because
- 26:55Ryan: I
- 26:55Ryan: think
- 26:56Ryan: at
- 26:56Ryan: the
- 26:56Ryan: end
- 26:56Ryan: of
- 26:56Ryan: the
- 26:56Ryan: day,
- 26:56Ryan: that
- 26:57Ryan: relationship
- 26:57Ryan: that
- 26:58Ryan: you
- 26:58Ryan: have
- 26:58Ryan: with
- 26:58Ryan: an
- 26:58Ryan: asset
- 26:59Ryan: manager,
- 26:59Ryan: with
- 27:00Ryan: their,
- 27:00Ryan: distribution
- 27:01Ryan: team
- 27:01Ryan: or
- 27:01Ryan: portfolio
- 27:02Ryan: managers
- 27:03Ryan: carries
- 27:03Ryan: a
- 27:03Ryan: lot
- 27:03Ryan: more
- 27:04Ryan: weight
- 27:04Ryan: than
- 27:04Ryan: maybe,
- 27:05Ryan: um,
- 27:06Ryan: couple
- 27:06Ryan: basis
- 27:07Ryan: point
- 27:07Ryan: difference
- 27:08Ryan: in
- 27:08Ryan: the-
- 27:08Ryan: And
- 27:08Lance: that,
- 27:08Lance: that,
- 27:08Lance: that
- 27:09Lance: is
- 27:09Lance: a
- 27:09Lance: fantastic
- 27:10Lance: point
- 27:10Lance: that
- 27:10Lance: you
- 27:11Lance: mentioned,
- 27:11Lance: Ryan,
- 27:11Lance: and
- 27:11Lance: that's
- 27:11Lance: something
- 27:12Lance: also
- 27:12Lance: at
- 27:12Lance: AAM
- 27:13Lance: we
- 27:13Lance: cater
- 27:13Lance: to
- 27:13Lance: because
- 27:14Lance: we
- 27:14Lance: are,
- 27:15Lance: we
- 27:15Lance: are,
- 27:15Lance: uh,
- 27:16Lance: in
- 27:16Lance: our
- 27:16Lance: stable
- 27:17Lance: of,
- 27:17Lance: of
- 27:18Lance: sub-advisors
- 27:19Lance: on
- 27:19Lance: the
- 27:19Lance: ETF
- 27:19Lance: side,
- 27:20Lance: right?
- 27:20Lance: We,
- 27:20Lance: we
- 27:21Lance: put
- 27:21Lance: together
- 27:21Lance: the
- 27:21Lance: best
- 27:22Lance: possible
- 27:22Lance: mix
- 27:22Lance: we
- 27:22Lance: can,
- 27:23Lance: and
- 27:23Lance: we
- 27:23Lance: have
- 27:24Lance: access
- 27:24Lance: to
- 27:24Lance: these
- 27:24Lance: portfolio
- 27:25Lance: managers
- 27:26Lance: on
- 27:26Lance: a
- 27:26Lance: daily
- 27:26Lance: basis,
- 27:27Lance: right?
- 27:27Lance: So
- 27:28Lance: we
- 27:28Lance: are
- 27:28Lance: able
- 27:28Lance: and
- 27:29Lance: willing
- 27:29Lance: to
- 27:29Lance: roll
- 27:29Lance: out
- 27:29Lance: the
- 27:30Lance: red
- 27:30Lance: carpet
- 27:30Lance: for
- 27:30Lance: prospects
- 27:31Lance: and,
- 27:32Lance: you
- 27:32Lance: know,
- 27:32Lance: I'd
- 27:32Lance: love
- 27:32Lance: to
- 27:32Lance: get
- 27:33Lance: a
- 27:33Lance: phone
- 27:33Lance: call.
- 27:33Lance: You
- 27:33Lance: know,
- 27:34Lance: I
- 27:34Lance: have
- 27:34Lance: a,
- 27:34Lance: a
- 27:34Lance: few
- 27:35Lance: clients
- 27:35Lance: that
- 27:35Lance: would
- 27:35Lance: love
- 27:36Lance: to
- 27:36Lance: understand,
- 27:37Lance: you
- 27:37Lance: know,
- 27:37Lance: this
- 27:37Lance: strategy
- 27:38Lance: more,
- 27:38Lance: and
- 27:38Lance: we
- 27:39Lance: can,
- 27:39Lance: we
- 27:39Lance: can
- 27:39Lance: help
- 27:39Lance: you
- 27:40Lance: with
- 27:40Lance: that.
- 27:40Lance: As
- 27:41Lance: well
- 27:41Lance: as
- 27:41Lance: help-
- 27:41Lance: helping
- 27:41Lance: on
- 27:41Lance: the
- 27:42Lance: capital
- 27:42Lance: markets
- 27:42Lance: front.
- 27:43Lance: How,
- 27:43Lance: how
- 27:43Lance: can
- 27:43Lance: we
- 27:43Lance: get
- 27:43Lance: into
- 27:44Lance: the
- 27:44Lance: strategy?
- 27:44Lance: How
- 27:44Lance: can
- 27:44Lance: we
- 27:45Lance: get
- 27:45Lance: out
- 27:45Lance: of
- 27:45Lance: it
- 27:46Lance: as
- 27:46Lance: efficiently
- 27:46Lance: as
- 27:46Lance: possible?
- 27:47Lance: Or
- 27:47Lance: answer
- 27:48Lance: any
- 27:48Lance: other
- 27:48Lance: questions
- 27:49Lance: they
- 27:49Lance: have,
- 27:49Lance: may
- 27:49Lance: have
- 27:49Lance: around
- 27:50Lance: asset
- 27:50Lance: allocation
- 27:51Lance: and,
- 27:52Lance: and
- 27:52Lance: how
- 27:52Lance: does
- 27:52Lance: this
- 27:52Lance: strategy
- 27:53Lance: work
- 27:53Lance: with
- 27:53Lance: this?
- 27:53Lance: And,
- 27:54Lance: you
- 27:54Lance: know,
- 27:55Lance: help
- 27:55Lance: the
- 27:55Lance: financial
- 27:56Lance: advisor,
- 27:56Lance: uh,
- 27:56Lance: as
- 27:57Lance: much
- 27:57Lance: as
- 27:57Lance: po-
- 27:57Lance: uh,
- 27:58Lance: as
- 27:58Lance: we
- 27:58Lance: can,
- 27:59Lance: right?
- 27:59Lance: At
- 27:59Lance: the
- 27:59Lance: end
- 27:59Lance: of
- 27:59Lance: the
- 27:59Lance: day,
- 28:00Lance: that,
- 28:00Lance: that
- 28:00Lance: is
- 28:01Lance: AAM's
- 28:01Lance: slogan,
- 28:02Lance: like
- 28:02Lance: empowering
- 28:03Lance: financial
- 28:04Lance: advisors
- 28:04Lance: to
- 28:05Lance: succeed.
- 28:06Lance: And,
- 28:06Lance: and
- 28:06Lance: that
- 28:06Lance: pretty
- 28:06Lance: much
- 28:07Lance: sums
- 28:07Lance: it
- 28:07Lance: up.
- 28:08Ryan: Yeah.
- 28:08Ryan: And
- 28:08Ryan: that's
- 28:09Ryan: perfect
- 28:09Ryan: because...
- 28:10Ryan: And
- 28:10Ryan: it
- 28:10Ryan: goes
- 28:10Ryan: back
- 28:11Ryan: to
- 28:11Ryan: just
- 28:11Ryan: the,
- 28:11Ryan: the
- 28:12Ryan: amount
- 28:12Ryan: of
- 28:12Ryan: noise
- 28:13Ryan: out
- 28:13Ryan: there
- 28:13Ryan: and
- 28:13Ryan: all
- 28:13Ryan: the
- 28:14Ryan: different
- 28:14Ryan: products.
- 28:15Ryan: I
- 28:15Ryan: get
- 28:16Ryan: confused,
- 28:16Ryan: Lance,
- 28:17Ryan: and-
- 28:17Ryan: Mm-hmm
- 28:17Ryan: I
- 28:18Ryan: have
- 28:18Ryan: a
- 28:18Ryan: hard
- 28:18Ryan: time
- 28:19Ryan: understanding
- 28:20Ryan: some
- 28:20Ryan: of
- 28:20Ryan: these
- 28:20Ryan: very
- 28:21Ryan: unique
- 28:21Ryan: products.
- 28:21Ryan: So
- 28:21Ryan: that
- 28:22Ryan: education,
- 28:23Ryan: hand-holding,
- 28:25Ryan: because
- 28:25Ryan: that's
- 28:25Ryan: what
- 28:26Ryan: can
- 28:26Ryan: differentiate
- 28:27Ryan: an
- 28:27Ryan: asset
- 28:28Ryan: man-
- 28:28Ryan: the
- 28:28Ryan: different
- 28:29Ryan: asset
- 28:29Ryan: managers
- 28:30Ryan: and
- 28:30Ryan: products.
- 28:30Ryan: Because
- 28:31Ryan: they
- 28:31Ryan: said
- 28:31Ryan: the
- 28:32Ryan: performance
- 28:32Ryan: is
- 28:32Ryan: very
- 28:33Ryan: similar.
- 28:33Ryan: How
- 28:33Ryan: does
- 28:34Ryan: it
- 28:34Ryan: impact
- 28:34Ryan: the
- 28:34Ryan: portfolio?
- 28:36Ryan: Those
- 28:36Ryan: are
- 28:36Ryan: the
- 28:36Ryan: things
- 28:37Ryan: that
- 28:37Ryan: are
- 28:37Ryan: important.
- 28:38Ryan: And
- 28:38Ryan: going
- 28:38Ryan: back
- 28:39Ryan: to
- 28:39Ryan: marketing,
- 28:40Ryan: I,
- 28:40Ryan: in
- 28:41Ryan: sports
- 28:41Ryan: cards-
- 28:42Ryan: It,
- 28:43Ryan: it
- 28:43Ryan: was
- 28:43Ryan: interesting,
- 28:44Ryan: I
- 28:44Ryan: didn't
- 28:44Ryan: watch
- 28:44Ryan: a
- 28:44Ryan: whole
- 28:44Ryan: lot
- 28:45Ryan: of
- 28:45Ryan: the
- 28:45Ryan: NFL
- 28:46Ryan: draft,
- 28:46Ryan: but
- 28:47Ryan: those
- 28:47Ryan: top
- 28:47Ryan: players
- 28:47Ryan: that
- 28:48Ryan: are
- 28:48Ryan: drafted-
- 28:48Ryan: Yeah
- 28:48Ryan: did
- 28:48Ryan: you
- 28:48Ryan: see,
- 28:49Ryan: as
- 28:49Ryan: they,
- 28:49Ryan: they
- 28:50Ryan: were-
- 28:50Ryan: Yeah
- 28:50Ryan: signing
- 28:50Ryan: the
- 28:50Ryan: Topps
- 28:51Ryan: Now
- 28:51Ryan: cards.
- 28:52Ryan: Yeah.
- 28:52Ryan: Speak
- 28:52Ryan: of
- 28:52Ryan: marketing.
- 28:53Ryan: One
- 28:53Lance: of,
- 28:53Lance: one
- 28:53Lance: of,
- 28:53Lance: one
- 28:54Lance: of,
- 28:54Lance: signing
- 28:54Lance: it
- 28:55Lance: on
- 28:55Lance: the
- 28:55Lance: floor
- 28:55Lance: and
- 28:55Lance: then
- 28:55Lance: handing
- 28:56Lance: it
- 28:56Lance: off.
- 28:57Ryan: Yeah.
- 28:57Ryan: Speak
- 28:58Ryan: of,
- 28:58Ryan: I've,
- 28:59Ryan: I
- 28:59Ryan: bought
- 28:59Ryan: too
- 29:00Ryan: many
- 29:00Ryan: of
- 29:00Ryan: those
- 29:01Ryan: Topps
- 29:01Ryan: Now
- 29:01Ryan: cards.
- 29:02Ryan: And
- 29:02Ryan: it's
- 29:03Ryan: like,
- 29:03Ryan: what
- 29:04Ryan: am
- 29:04Ryan: I
- 29:04Ryan: doing
- 29:04Ryan: with
- 29:04Ryan: these?
- 29:04Ryan: But
- 29:05Ryan: again,
- 29:05Ryan: it
- 29:05Ryan: goes
- 29:05Ryan: back
- 29:05Ryan: to
- 29:06Ryan: my
- 29:06Ryan: son,
- 29:06Ryan: "Oh,
- 29:06Ryan: you'll
- 29:06Ryan: like
- 29:07Ryan: this."
- 29:07Ryan: And
- 29:07Ryan: I
- 29:08Ryan: was
- 29:08Ryan: just,
- 29:08Ryan: like,
- 29:08Ryan: amazed,
- 29:09Ryan: like,
- 29:09Ryan: Topps,
- 29:10Ryan: at
- 29:10Ryan: like
- 29:10Ryan: how
- 29:10Ryan: their
- 29:11Ryan: marketing
- 29:12Ryan: has
- 29:12Lance: changed.
- 29:12Lance: Absolutely.
- 29:13Lance: They,
- 29:13Lance: they've,
- 29:13Lance: they've
- 29:14Lance: really
- 29:14Lance: found
- 29:14Lance: a
- 29:15Lance: way
- 29:15Lance: to
- 29:15Lance: drive
- 29:16Lance: people
- 29:16Lance: to
- 29:16Lance: buy
- 29:16Lance: the
- 29:17Lance: cards,
- 29:17Lance: and,
- 29:17Lance: and,
- 29:18Lance: um,
- 29:19Lance: you
- 29:19Lance: know,
- 29:19Lance: th-
- 29:19Lance: they're
- 29:20Lance: accomplishing
- 29:20Lance: it,
- 29:21Lance: right?
- 29:21Lance: Uh,
- 29:21Lance: kudos
- 29:22Lance: to
- 29:22Lance: them
- 29:22Lance: as,
- 29:22Lance: you
- 29:22Lance: know,
- 29:23Lance: they
- 29:23Lance: put
- 29:23Lance: in
- 29:23Lance: a,
- 29:24Lance: you
- 29:24Lance: know,
- 29:24Lance: a,
- 29:24Lance: a
- 29:25Lance: hit
- 29:25Lance: every,
- 29:26Lance: you
- 29:26Lance: know,
- 29:26Lance: like
- 29:26Lance: I
- 29:26Lance: said,
- 29:27Lance: 81
- 29:27Lance: hobby
- 29:27Lance: boxes,
- 29:28Lance: and
- 29:28Lance: people
- 29:28Lance: are
- 29:28Lance: gonna
- 29:28Lance: continue
- 29:29Lance: buying
- 29:29Lance: them
- 29:29Lance: and
- 29:29Lance: searching
- 29:30Lance: for
- 29:30Lance: them.
- 29:31Lance: Um,
- 29:31Lance: so
- 29:31Lance: they,
- 29:31Lance: they've
- 29:31Lance: done
- 29:32Lance: a
- 29:32Lance: great
- 29:32Lance: job.
- 29:33Ryan: Yeah.
- 29:33Ryan: I
- 29:33Ryan: don't
- 29:33Ryan: know
- 29:33Ryan: about
- 29:34Ryan: you
- 29:34Ryan: and
- 29:34Ryan: your
- 29:34Ryan: son,
- 29:34Ryan: it
- 29:35Ryan: is,
- 29:35Ryan: even
- 29:35Ryan: though
- 29:36Ryan: it
- 29:37Ryan: ends
- 29:37Ryan: up
- 29:37Ryan: being
- 29:37Ryan: a
- 29:37Ryan: loser's
- 29:38Ryan: game,
- 29:38Ryan: we've
- 29:38Ryan: got
- 29:38Ryan: some
- 29:39Ryan: good
- 29:39Ryan: cards
- 29:39Ryan: in
- 29:39Ryan: hobby
- 29:40Ryan: boxes,
- 29:40Ryan: but-
- 29:40Ryan: Mm-hmm
- 29:41Ryan: there
- 29:41Ryan: is
- 29:41Ryan: that
- 29:41Ryan: part
- 29:42Ryan: of
- 29:42Ryan: just
- 29:42Ryan: having
- 29:42Ryan: fun
- 29:43Ryan: with
- 29:43Ryan: it.
- 29:43Ryan: It
- 29:44Ryan: is.
- 29:44Ryan: There's
- 29:44Ryan: nothing
- 29:44Ryan: like
- 29:44Ryan: ripping,
- 29:45Ryan: 30
- 29:46Ryan: packs
- 29:47Ryan: and,
- 29:49Ryan: um-
- 29:49Ryan: for
- 29:49Ryan: you
- 29:49Ryan: and
- 29:50Ryan: I,
- 29:50Ryan: we
- 29:50Ryan: have
- 29:50Ryan: a
- 29:50Ryan: different
- 29:51Ryan: viewpoint
- 29:51Ryan: than
- 29:52Ryan: our
- 29:52Ryan: sons.
- 29:52Ryan: They
- 29:53Ryan: might
- 29:53Ryan: get
- 29:53Ryan: a,
- 29:54Ryan: a
- 29:54Ryan: decent
- 29:54Ryan: card
- 29:55Ryan: and
- 29:55Ryan: get
- 29:55Ryan: all
- 29:55Ryan: excited.
- 29:57Ryan: Yeah.
- 29:57Ryan: I
- 29:57Ryan: get
- 29:57Ryan: excited
- 29:58Ryan: over,
- 29:58Ryan: like,
- 29:58Ryan: oh,
- 29:59Ryan: we
- 29:59Ryan: got
- 29:59Ryan: a,
- 30:00Ryan: um,
- 30:00Ryan: Aaron
- 30:00Ryan: Judge.
- 30:01Ryan: They
- 30:01Ryan: want
- 30:02Ryan: the,
- 30:02Ryan: they
- 30:03Ryan: want
- 30:03Ryan: the-
- 30:03Ryan: Yeah
- 30:03Ryan: like
- 30:04Ryan: you
- 30:04Ryan: said,
- 30:04Ryan: the
- 30:05Ryan: Connor
- 30:06Ryan: Griffins,
- 30:06Ryan: the,
- 30:06Ryan: the
- 30:07Ryan: Kevin
- 30:07Ryan: McGawles
- 30:08Ryan: of
- 30:08Ryan: the
- 30:08Ryan: world
- 30:08Ryan: and
- 30:09Ryan: stuff
- 30:09Ryan: like
- 30:09Ryan: that.
- 30:09Ryan: Mm-hmm.
- 30:09Ryan: It's
- 30:09Ryan: like,
- 30:10Ryan: well,
- 30:10Ryan: I'm
- 30:11Ryan: pretty
- 30:11Ryan: happy
- 30:11Ryan: with
- 30:11Ryan: a
- 30:11Ryan: Mike
- 30:12Ryan: Trout.
- 30:12Lance: Yeah,
- 30:13Lance: I,
- 30:13Lance: I'm
- 30:13Lance: okay
- 30:13Lance: with
- 30:14Lance: M-
- 30:14Lance: Mike
- 30:14Lance: Trout.
- 30:14Lance: I
- 30:14Lance: think
- 30:15Lance: his
- 30:15Lance: cards
- 30:15Lance: are
- 30:15Lance: gonna
- 30:15Lance: come
- 30:15Lance: back.
- 30:16Lance: I
- 30:16Lance: think,
- 30:16Lance: uh,
- 30:17Lance: you
- 30:17Lance: know,
- 30:17Lance: a
- 30:17Lance: top
- 30:17Lance: 10,
- 30:17Lance: top
- 30:17Lance: 15
- 30:17Lance: MLB
- 30:18Lance: player
- 30:19Lance: of
- 30:19Lance: all
- 30:19Lance: time
- 30:19Lance: is,
- 30:20Lance: he's
- 30:20Lance: gonna
- 30:20Lance: be
- 30:20Lance: okay.
- 30:21Lance: He'll
- 30:21Lance: be
- 30:21Lance: okay.
- 30:22Ryan: And
- 30:22Ryan: it
- 30:22Ryan: goes
- 30:23Ryan: back
- 30:23Ryan: to
- 30:23Ryan: longevity.
- 30:24Ryan: He's
- 30:24Ryan: not
- 30:24Ryan: the
- 30:24Ryan: sexy
- 30:25Ryan: pick
- 30:25Ryan: right
- 30:25Ryan: now.
- 30:25Ryan: He's
- 30:26Ryan: having
- 30:26Ryan: a
- 30:26Ryan: great
- 30:26Ryan: season.
- 30:27Ryan: But
- 30:28Ryan: gi-
- 30:29Ryan: give
- 30:29Ryan: me
- 30:29Ryan: a
- 30:29Ryan: Hall
- 30:30Ryan: of
- 30:30Ryan: Famer
- 30:30Ryan: who's,
- 30:31Ryan: might
- 30:31Ryan: be-
- 30:31Ryan: Absolutely
- 30:31Ryan: a
- 30:31Ryan: top
- 30:32Ryan: 20
- 30:32Ryan: player
- 30:33Ryan: versus,
- 30:34Ryan: yeah,
- 30:35Ryan: um,
- 30:36Ryan: Connor
- 30:36Ryan: Griffith.
- 30:37Ryan: He's
- 30:37Ryan: fun,
- 30:37Ryan: Roman
- 30:38Ryan: Anthony.
- 30:39Ryan: But,
- 30:39Ryan: um-
- 30:39Ryan: Mm-hmm
- 30:40Ryan: I
- 30:40Ryan: don't
- 30:40Ryan: know.
- 30:40Ryan: I
- 30:41Ryan: like,
- 30:41Ryan: I
- 30:42Ryan: like,
- 30:42Ryan: maybe
- 30:42Ryan: it's
- 30:42Ryan: because
- 30:43Ryan: we're
- 30:43Ryan: older,
- 30:43Ryan: we
- 30:44Ryan: like
- 30:44Ryan: those-
- 30:46Ryan: I
- 30:46Ryan: don't
- 30:46Ryan: know
- 30:47Ryan: But,
- 30:48Ryan: um,
- 30:48Ryan: great
- 30:49Ryan: conversation.
- 30:50Ryan: So,
- 30:51Ryan: let's
- 30:51Ryan: talk
- 30:51Ryan: about,
- 30:52Ryan: are
- 30:52Ryan: there
- 30:52Ryan: something...
- 30:52Ryan: We
- 30:53Ryan: just
- 30:53Ryan: talked
- 30:53Ryan: about
- 30:53Ryan: Mike
- 30:54Ryan: Trout
- 30:54Ryan: or,
- 30:54Ryan: these
- 30:54Ryan: longer
- 30:55Ryan: players
- 30:55Ryan: who've
- 30:55Ryan: played
- 30:56Ryan: a
- 30:56Ryan: long
- 30:56Ryan: time,
- 30:57Ryan: holding
- 30:58Ryan: value.
- 30:59Ryan: Are
- 30:59Ryan: there,
- 31:00Ryan: in
- 31:00Ryan: the
- 31:00Ryan: ETF
- 31:01Ryan: space,
- 31:01Ryan: in
- 31:01Ryan: the
- 31:02Ryan: investment
- 31:02Ryan: space,
- 31:03Ryan: some
- 31:03Ryan: qualities
- 31:05Ryan: that
- 31:05Ryan: maybe
- 31:06Ryan: investors
- 31:07Ryan: should
- 31:07Ryan: look
- 31:07Ryan: more
- 31:07Ryan: for?
- 31:08Ryan: Yeah.,
- 31:08Ryan: That
- 31:08Ryan: might
- 31:09Ryan: not
- 31:09Ryan: be
- 31:09Ryan: the
- 31:09Ryan: sexy
- 31:10Ryan: pick,
- 31:10Ryan: might
- 31:10Ryan: not
- 31:11Ryan: have
- 31:11Ryan: the
- 31:11Ryan: crazy
- 31:12Ryan: names
- 31:12Ryan: to
- 31:13Ryan: it,
- 31:13Ryan: but
- 31:13Ryan: during-
- 31:14Ryan: Mm-hmm
- 31:14Ryan: this
- 31:14Ryan: market
- 31:15Ryan: landscape,
- 31:16Ryan: there's
- 31:16Ryan: volatility
- 31:17Ryan: that
- 31:17Ryan: maybe
- 31:18Ryan: fares
- 31:19Ryan: well
- 31:19Ryan: over
- 31:19Ryan: the
- 31:19Ryan: long
- 31:20Ryan: term
- 31:20Ryan: and
- 31:20Ryan: is,
- 31:20Ryan: has
- 31:21Ryan: more,
- 31:22Ryan: long-term
- 31:22Ryan: potential
- 31:23Ryan: than
- 31:23Ryan: some
- 31:23Ryan: of
- 31:24Ryan: these-
- 31:24Ryan: Yep
- 31:24Ryan: flash
- 31:24Ryan: in
- 31:24Ryan: the
- 31:25Ryan: pans.
- 31:25Lance: Yeah,
- 31:26Lance: and,
- 31:26Lance: and
- 31:26Lance: I
- 31:26Lance: think
- 31:26Lance: one
- 31:26Lance: thing
- 31:27Lance: that
- 31:27Lance: we,
- 31:27Lance: you
- 31:28Lance: know,
- 31:28Lance: one
- 31:28Lance: thing
- 31:29Lance: that
- 31:29Lance: we
- 31:29Lance: focus
- 31:29Lance: on
- 31:29Lance: here
- 31:30Lance: at
- 31:30Lance: AAM
- 31:30Lance: across,
- 31:31Lance: you
- 31:31Lance: know,
- 31:31Lance: almost
- 31:32Lance: all
- 31:32Lance: of
- 31:32Lance: our
- 31:32Lance: product
- 31:33Lance: lineups
- 31:33Lance: is,
- 31:33Lance: is
- 31:34Lance: income
- 31:34Lance: generation,
- 31:35Lance: and
- 31:35Lance: we
- 31:35Lance: are
- 31:35Lance: true
- 31:35Lance: believers
- 31:36Lance: in
- 31:36Lance: that.
- 31:36Lance: You
- 31:36Lance: mentioned,
- 31:37Lance: you
- 31:37Lance: know,
- 31:38Lance: elevated
- 31:38Lance: levels
- 31:38Lance: of
- 31:39Lance: volatility,
- 31:39Lance: uncertainty.
- 31:40Lance: You
- 31:40Lance: know,
- 31:40Lance: we
- 31:41Lance: are,
- 31:41Lance: we
- 31:41Lance: are
- 31:42Lance: believers
- 31:42Lance: in
- 31:42Lance: that,
- 31:43Lance: you
- 31:43Lance: know,
- 31:43Lance: the
- 31:43Lance: benefits
- 31:44Lance: of,
- 31:44Lance: of
- 31:44Lance: dividends
- 31:45Lance: and,
- 31:45Lance: and
- 31:45Lance: income
- 31:46Lance: is
- 31:47Lance: really,
- 31:47Lance: you
- 31:47Lance: know,
- 31:48Lance: important
- 31:48Lance: for
- 31:48Lance: long-term
- 31:49Lance: capital
- 31:49Lance: appreciation
- 31:50Lance: and
- 31:50Lance: also
- 31:50Lance: risk
- 31:51Lance: mitigation
- 31:51Lance: as
- 31:52Lance: well.
- 31:52Lance: And,
- 31:53Lance: you
- 31:53Lance: know,
- 31:53Lance: I'm
- 31:53Lance: not
- 31:53Lance: comparing,
- 31:54Lance: uh,
- 31:54Lance: you
- 31:55Lance: know,
- 31:55Lance: dividend-paying
- 31:55Lance: stocks
- 31:56Lance: to
- 31:56Lance: Mike
- 31:56Lance: Trout.
- 31:57Lance: Um,
- 31:58Lance: but
- 31:58Lance: at
- 31:58Lance: the
- 31:58Lance: end
- 31:58Lance: of
- 31:58Lance: the
- 31:58Lance: day,
- 31:59Lance: right,
- 31:59Lance: I
- 31:59Lance: think
- 32:00Lance: we
- 32:00Lance: all
- 32:00Lance: know
- 32:00Lance: the
- 32:00Lance: benefits
- 32:01Lance: of
- 32:01Lance: dividend
- 32:01Lance: investing,
- 32:02Lance: right?
- 32:02Lance: You
- 32:02Lance: know,
- 32:03Lance: look
- 32:03Lance: at
- 32:03Lance: the
- 32:03Lance: Fama
- 32:03Lance: French
- 32:04Lance: data,
- 32:04Lance: right?
- 32:05Lance: Higher
- 32:05Lance: dividend-paying
- 32:06Lance: stocks
- 32:06Lance: outperform
- 32:07Lance: the
- 32:08Lance: broad-based
- 32:08Lance: market
- 32:09Lance: over
- 32:09Lance: time.
- 32:09Lance: If
- 32:09Lance: you
- 32:09Lance: go
- 32:09Lance: back
- 32:10Lance: to
- 32:10Lance: the
- 32:10Lance: '50s
- 32:11Lance: or
- 32:11Lance: even
- 32:11Lance: earlier,
- 32:11Lance: over
- 32:12Lance: the
- 32:12Lance: last
- 32:12Lance: 100
- 32:12Lance: years,
- 32:13Lance: you
- 32:13Lance: know,
- 32:14Lance: some
- 32:14Lance: numbers
- 32:14Lance: have
- 32:14Lance: dividends
- 32:15Lance: accounting
- 32:15Lance: for
- 32:15Lance: over
- 32:16Lance: 50%
- 32:17Lance: of
- 32:17Lance: the
- 32:17Lance: total
- 32:18Lance: appreciation
- 32:19Lance: of,
- 32:19Lance: you
- 32:19Lance: know,
- 32:19Lance: major
- 32:20Lance: broad-based
- 32:20Lance: industries
- 32:21Lance: like
- 32:21Lance: the
- 32:21Lance: S&P
- 32:22Lance: 500,
- 32:23Lance: right?
- 32:23Lance: So
- 32:23Lance: when
- 32:23Lance: you
- 32:23Lance: look
- 32:24Lance: at
- 32:24Lance: dividends,
- 32:25Lance: you
- 32:25Lance: know,
- 32:25Lance: and,
- 32:25Lance: and
- 32:26Lance: this
- 32:26Lance: is
- 32:26Lance: what's
- 32:26Lance: really
- 32:26Lance: interesting
- 32:27Lance: about
- 32:27Lance: product
- 32:28Lance: development
- 32:28Lance: and
- 32:28Lance: product
- 32:29Lance: creation,
- 32:30Lance: and
- 32:30Lance: this
- 32:30Lance: goes,
- 32:30Lance: goes,
- 32:30Lance: sort
- 32:31Lance: of
- 32:31Lance: goes
- 32:31Lance: back
- 32:31Lance: to
- 32:31Lance: my,
- 32:32Lance: my
- 32:32Lance: thought
- 32:32Lance: around
- 32:33Lance: common
- 32:33Lance: sense.
- 32:34Lance: A-
- 32:34Lance: and
- 32:35Lance: how
- 32:35Lance: can
- 32:35Lance: we
- 32:35Lance: capitalize
- 32:36Lance: on
- 32:36Lance: dividends,
- 32:37Lance: right?
- 32:37Lance: We
- 32:37Lance: know
- 32:37Lance: the
- 32:37Lance: benefits
- 32:38Lance: of
- 32:38Lance: dividends.
- 32:38Lance: We
- 32:39Lance: know
- 32:39Lance: we
- 32:39Lance: want,
- 32:39Lance: you
- 32:40Lance: know,
- 32:40Lance: high
- 32:40Lance: dividend
- 32:41Lance: payers,
- 32:42Lance: but
- 32:42Lance: we
- 32:42Lance: also
- 32:42Lance: know
- 32:43Lance: that
- 32:43Lance: we
- 32:43Lance: wanna
- 32:43Lance: avoid
- 32:44Lance: dividend
- 32:44Lance: cutters
- 32:45Lance: as
- 32:45Lance: well,
- 32:46Lance: right?
- 32:46Lance: And
- 32:46Lance: it's
- 32:46Lance: kind
- 32:47Lance: of,
- 32:47Lance: okay,
- 32:47Lance: well,
- 32:48Lance: that
- 32:48Lance: seems
- 32:49Lance: logical,
- 32:50Lance: right?
- 32:50Lance: If
- 32:50Lance: I
- 32:51Lance: want
- 32:51Lance: high
- 32:51Lance: dividend
- 32:52Lance: payer,
- 32:52Lance: if
- 32:53Lance: I
- 32:53Lance: want
- 32:53Lance: a
- 32:53Lance: high
- 32:53Lance: dividend
- 32:54Lance: portfolio,
- 32:55Lance: I
- 32:55Lance: should
- 32:56Lance: probably
- 32:56Lance: look
- 32:57Lance: for
- 32:57Lance: companies
- 32:57Lance: that
- 32:57Lance: are
- 32:57Lance: producing
- 32:58Lance: a
- 32:58Lance: high
- 32:58Lance: dividend
- 32:59Lance: yield.
- 33:00Lance: But
- 33:00Lance: in
- 33:00Lance: order
- 33:00Lance: to
- 33:00Lance: mitigate
- 33:01Lance: the
- 33:01Lance: risk
- 33:01Lance: of
- 33:01Lance: dividend
- 33:02Lance: cuts
- 33:02Lance: and,
- 33:03Lance: and
- 33:03Lance: eliminations,
- 33:04Lance: let's,
- 33:05Lance: let's
- 33:05Lance: try
- 33:05Lance: to,
- 33:06Lance: how
- 33:06Lance: can
- 33:06Lance: we
- 33:06Lance: minimize
- 33:07Lance: our
- 33:07Lance: exposure
- 33:08Lance: to
- 33:08Lance: dividend
- 33:09Lance: cutters?
- 33:09Lance: And
- 33:09Lance: the,
- 33:09Lance: and
- 33:10Lance: the,
- 33:10Lance: the,
- 33:10Lance: the
- 33:11Lance: idea
- 33:11Lance: there
- 33:11Lance: is,
- 33:12Lance: let's
- 33:12Lance: look
- 33:12Lance: at
- 33:12Lance: free
- 33:12Lance: cashflow
- 33:13Lance: because
- 33:13Lance: if
- 33:14Lance: a
- 33:14Lance: company
- 33:14Lance: is
- 33:14Lance: creating
- 33:15Lance: free
- 33:15Lance: cashflow,
- 33:16Lance: they
- 33:16Lance: have
- 33:16Lance: the
- 33:16Lance: ability
- 33:17Lance: to
- 33:17Lance: grow
- 33:18Lance: those
- 33:18Lance: dividends
- 33:19Lance: over
- 33:19Lance: time.
- 33:20Lance: And
- 33:20Lance: so
- 33:20Lance: you
- 33:21Lance: sort
- 33:21Lance: of
- 33:21Lance: get
- 33:21Lance: the
- 33:21Lance: best
- 33:22Lance: of
- 33:22Lance: both
- 33:22Lance: worlds,
- 33:23Lance: and
- 33:23Lance: that's,
- 33:23Lance: you
- 33:23Lance: know,
- 33:24Lance: to
- 33:24Lance: summarize
- 33:24Lance: it,
- 33:24Lance: that's,
- 33:25Lance: that's
- 33:25Lance: one
- 33:25Lance: of
- 33:25Lance: the
- 33:25Lance: strategies
- 33:26Lance: that
- 33:26Lance: we
- 33:26Lance: have
- 33:27Lance: here
- 33:27Lance: at
- 33:27Lance: AAM,
- 33:28Lance: is
- 33:28Lance: we're
- 33:28Lance: targeting
- 33:29Lance: high
- 33:29Lance: dividend
- 33:29Lance: payers
- 33:30Lance: that
- 33:30Lance: also
- 33:31Lance: has
- 33:31Lance: dividend
- 33:32Lance: sustainability.
- 33:33Lance: And
- 33:33Lance: without
- 33:33Lance: getting
- 33:34Lance: too
- 33:34Lance: far
- 33:34Lance: off
- 33:34Lance: track
- 33:35Lance: here,
- 33:35Lance: but
- 33:35Lance: to
- 33:35Lance: keep
- 33:35Lance: it
- 33:35Lance: in
- 33:35Lance: the
- 33:35Lance: realm
- 33:36Lance: of
- 33:36Lance: sports-
- 33:37Lance: I
- 33:37Lance: ran
- 33:37Lance: the
- 33:38Lance: numbers
- 33:38Lance: on
- 33:38Lance: the
- 33:38Lance: PGA
- 33:38Lance: Tour
- 33:39Lance: yesterday.
- 33:40Lance: If
- 33:40Lance: you
- 33:40Lance: just
- 33:41Lance: look
- 33:41Lance: at,
- 33:41Lance: you
- 33:41Lance: know,
- 33:41Lance: what's
- 33:41Lance: important
- 33:42Lance: on
- 33:42Lance: the
- 33:42Lance: PGA
- 33:42Lance: Tour,
- 33:43Lance: if
- 33:43Lance: you
- 33:43Lance: wanna,
- 33:44Lance: if
- 33:44Lance: you
- 33:44Lance: wanna
- 33:44Lance: win
- 33:45Lance: on
- 33:45Lance: the
- 33:45Lance: PGA
- 33:45Lance: Tour,
- 33:45Lance: of
- 33:46Lance: course
- 33:46Lance: you
- 33:46Lance: have
- 33:46Lance: to
- 33:46Lance: do
- 33:46Lance: everything
- 33:47Lance: really
- 33:47Lance: well.
- 33:48Lance: But
- 33:48Lance: if
- 33:48Lance: you
- 33:48Lance: do
- 33:48Lance: two
- 33:49Lance: things
- 33:49Lance: exceptionally
- 33:50Lance: well,
- 33:50Lance: and
- 33:50Lance: that's
- 33:50Lance: drive
- 33:51Lance: the
- 33:51Lance: ball
- 33:51Lance: very
- 33:51Lance: far
- 33:52Lance: and
- 33:53Lance: putt
- 33:53Lance: very
- 33:53Lance: well,
- 33:54Lance: chances
- 33:55Lance: are
- 33:55Lance: you're
- 33:55Lance: gonna
- 33:55Lance: be
- 33:56Lance: a
- 33:56Lance: very
- 33:56Lance: good
- 33:56Lance: tour
- 33:56Lance: player,
- 33:57Lance: right?
- 33:57Lance: I'm
- 33:57Lance: not
- 33:57Lance: looking
- 33:58Lance: at,
- 33:58Lance: you
- 33:59Lance: know,
- 33:59Lance: shots
- 33:59Lance: gained
- 33:59Lance: off
- 33:59Lance: the
- 34:00Lance: tee.
- 34:00Lance: I'm
- 34:00Lance: not
- 34:00Lance: looking
- 34:01Lance: at
- 34:01Lance: proximity
- 34:01Lance: to
- 34:01Lance: the
- 34:01Lance: hole.
- 34:02Lance: I'm
- 34:02Lance: l-
- 34:02Lance: not
- 34:02Lance: looking
- 34:03Lance: at,
- 34:03Lance: you
- 34:03Lance: know,
- 34:04Lance: up
- 34:04Lance: and
- 34:04Lance: down
- 34:04Lance: percentage.
- 34:05Lance: If
- 34:05Lance: you
- 34:05Lance: just
- 34:06Lance: look
- 34:06Lance: at
- 34:06Lance: those
- 34:06Lance: two
- 34:07Lance: stats
- 34:07Lance: alone
- 34:08Lance: Driving
- 34:09Lance: distance
- 34:10Lance: and
- 34:11Lance: putts
- 34:11Lance: per
- 34:11Lance: round,
- 34:12Lance: and
- 34:12Lance: you
- 34:12Lance: take
- 34:13Lance: 25
- 34:14Lance: of
- 34:14Lance: the
- 34:14Lance: best
- 34:14Lance: people
- 34:14Lance: on
- 34:15Lance: tour
- 34:15Lance: with
- 34:15Lance: those
- 34:16Lance: two,
- 34:16Lance: you're
- 34:17Lance: gonna
- 34:17Lance: get
- 34:17Lance: eight
- 34:17Lance: out
- 34:18Lance: of
- 34:18Lance: the
- 34:18Lance: top
- 34:18Lance: 10
- 34:18Lance: FedEx
- 34:19Lance: money,
- 34:20Lance: uh,
- 34:20Lance: point
- 34:21Lance: leaders
- 34:21Lance: right
- 34:21Lance: now.
- 34:22Lance: So
- 34:22Lance: again,
- 34:22Lance: we
- 34:23Lance: talk
- 34:23Lance: about
- 34:23Lance: sort
- 34:23Lance: of
- 34:24Lance: having
- 34:24Lance: a
- 34:24Lance: focus,
- 34:26Lance: know
- 34:26Lance: what
- 34:26Lance: to
- 34:27Lance: focus
- 34:27Lance: on,
- 34:28Lance: avoid
- 34:28Lance: the
- 34:29Lance: noise,
- 34:30Lance: and
- 34:30Lance: chances
- 34:30Lance: are
- 34:31Lance: you're
- 34:31Lance: gonna
- 34:31Lance: be
- 34:31Lance: okay
- 34:32Lance: if
- 34:32Lance: you
- 34:32Lance: stay
- 34:32Lance: that,
- 34:32Lance: if
- 34:32Lance: you
- 34:33Lance: stay
- 34:33Lance: that
- 34:33Lance: course.
- 34:33Lance: And
- 34:34Lance: I,
- 34:34Lance: I
- 34:34Lance: thought
- 34:34Lance: that
- 34:34Lance: was
- 34:34Lance: really
- 34:35Lance: an
- 34:35Lance: interesting
- 34:35Lance: concept,
- 34:36Lance: how
- 34:36Lance: to,
- 34:37Lance: how
- 34:37Lance: to
- 34:37Lance: sort
- 34:37Lance: of
- 34:37Lance: create
- 34:38Lance: and,
- 34:38Lance: and
- 34:38Lance: utilize
- 34:38Lance: the
- 34:39Lance: benefits
- 34:39Lance: of
- 34:39Lance: dividends,
- 34:40Lance: um,
- 34:41Lance: because
- 34:41Lance: that's
- 34:41Lance: an
- 34:41Lance: area
- 34:41Lance: that
- 34:41Lance: we
- 34:42Lance: think
- 34:42Lance: is,
- 34:42Lance: uh,
- 34:42Lance: o-
- 34:42Lance: obviously
- 34:44Lance: utilized
- 34:44Lance: by
- 34:44Lance: many
- 34:44Lance: investors.
- 34:46Ryan: Yeah,
- 34:46Ryan: Lance,
- 34:47Ryan: that
- 34:47Ryan: is
- 34:47Ryan: such
- 34:48Ryan: a
- 34:48Ryan: great
- 34:48Ryan: way
- 34:49Ryan: to
- 34:49Ryan: wrap
- 34:49Ryan: up
- 34:49Ryan: this
- 34:49Ryan: conversation
- 34:50Ryan: because
- 34:50Ryan: I
- 34:51Ryan: do
- 34:51Ryan: think
- 34:52Ryan: with
- 34:52Ryan: all
- 34:52Ryan: the
- 34:52Ryan: noise
- 34:53Ryan: out
- 34:53Ryan: there,
- 34:53Ryan: we
- 34:53Ryan: overcomplicate
- 34:54Ryan: some
- 34:54Ryan: things.
- 34:55Ryan: Absolutely.
- 34:55Ryan: Just
- 34:55Ryan: like
- 34:55Ryan: you
- 34:55Ryan: said,
- 34:56Ryan: we
- 34:56Ryan: overcomplicate
- 34:57Ryan: it,
- 34:58Ryan: and,
- 34:58Ryan: um,
- 34:59Ryan: it
- 35:00Ryan: could...
- 35:00Ryan: A
- 35:00Ryan: lot
- 35:00Ryan: of
- 35:00Ryan: things
- 35:01Ryan: can,
- 35:01Ryan: in
- 35:01Ryan: investing
- 35:02Ryan: could
- 35:02Ryan: be
- 35:02Ryan: simpler.
- 35:04Ryan: But,
- 35:04Ryan: um,
- 35:04Ryan: Lance,
- 35:05Ryan: awesome
- 35:05Ryan: conversation.
- 35:06Ryan: Real
- 35:06Ryan: quickly,
- 35:07Ryan: we
- 35:07Ryan: have
- 35:07Ryan: about
- 35:07Ryan: a
- 35:07Ryan: minute,
- 35:08Ryan: what's
- 35:08Ryan: your
- 35:08Ryan: favorite
- 35:09Ryan: sports
- 35:09Ryan: card
- 35:09Ryan: that
- 35:10Ryan: you
- 35:10Ryan: have?
- 35:11Lance: Ooh,
- 35:11Lance: that,
- 35:12Lance: that's
- 35:12Lance: a
- 35:12Lance: tough
- 35:12Lance: one.
- 35:13Lance: Um,
- 35:14Lance: I
- 35:14Lance: do
- 35:14Lance: have
- 35:14Lance: the
- 35:14Lance: '86-'87
- 35:16Lance: Fleer
- 35:16Lance: basketball
- 35:17Lance: set,
- 35:17Lance: including
- 35:18Lance: a
- 35:18Lance: PSA
- 35:18Lance: 8
- 35:19Lance: Jordan,
- 35:19Lance: which
- 35:19Lance: is
- 35:20Lance: kind
- 35:20Lance: of
- 35:20Lance: the
- 35:20Lance: Holy
- 35:20Lance: Grail.
- 35:21Lance: I
- 35:21Lance: think
- 35:21Lance: that
- 35:21Lance: that
- 35:22Lance: is...
- 35:22Lance: You
- 35:22Lance: know,
- 35:22Lance: but
- 35:23Lance: I
- 35:23Lance: don't
- 35:23Lance: know
- 35:23Lance: if
- 35:23Lance: that's
- 35:23Lance: my
- 35:23Lance: favorite.
- 35:24Lance: That's
- 35:24Lance: obviously
- 35:25Lance: the
- 35:25Lance: most
- 35:25Lance: expensive.
- 35:26Lance: Um,
- 35:26Lance: in
- 35:27Lance: terms
- 35:27Lance: of
- 35:27Lance: my
- 35:27Lance: favorite,
- 35:28Lance: again,
- 35:29Lance: it's
- 35:29Lance: not
- 35:29Lance: the
- 35:29Lance: most
- 35:29Lance: expensive,
- 35:30Lance: but
- 35:30Lance: I
- 35:30Lance: recall
- 35:31Lance: when
- 35:31Lance: I
- 35:31Lance: was,
- 35:31Lance: you
- 35:31Lance: know,
- 35:31Lance: my
- 35:32Lance: kids'
- 35:32Lance: age,
- 35:32Lance: 11
- 35:33Lance: or
- 35:33Lance: 12,
- 35:34Lance: the
- 35:34Lance: first...
- 35:34Lance: One
- 35:34Lance: of
- 35:34Lance: the
- 35:34Lance: first
- 35:35Lance: cards
- 35:35Lance: I
- 35:35Lance: ever
- 35:35Lance: bought
- 35:36Lance: with
- 35:36Lance: my
- 35:36Lance: own
- 35:36Lance: money
- 35:37Lance: was
- 35:37Lance: a
- 35:38Lance: 1951
- 35:39Lance: Whitey
- 35:39Lance: Ford
- 35:40Lance: Bowman
- 35:40Lance: rookie
- 35:41Lance: card,
- 35:42Lance: and
- 35:42Lance: the
- 35:42Lance: card
- 35:43Lance: is
- 35:43Lance: in
- 35:43Lance: awful
- 35:43Lance: shape.
- 35:44Lance: It's
- 35:44Lance: been
- 35:45Lance: folded
- 35:45Lance: and
- 35:45Lance: creased
- 35:46Lance: in
- 35:46Lance: four.
- 35:46Lance: I
- 35:46Lance: can
- 35:47Lance: guarantee
- 35:47Lance: you
- 35:48Lance: it's
- 35:48Lance: been
- 35:48Lance: on
- 35:49Lance: many,
- 35:49Lance: many
- 35:50Lance: bicycle
- 35:50Lance: spokes
- 35:51Lance: in
- 35:51Lance: the
- 35:51Lance: '50s
- 35:52Lance: and
- 35:52Lance: 60,
- 35:52Lance: '60s,
- 35:53Lance: but
- 35:53Lance: it's
- 35:53Lance: just
- 35:54Lance: cool.
- 35:54Lance: It's
- 35:54Lance: just
- 35:55Lance: awesome.
- 35:55Lance: Um,
- 35:56Lance: and,
- 35:56Lance: and
- 35:56Lance: for
- 35:56Lance: that
- 35:57Lance: reason,
- 35:57Lance: it's
- 35:57Lance: probably
- 35:58Lance: one
- 35:58Lance: of
- 35:58Lance: my
- 35:58Lance: favorite
- 35:58Lance: cards,
- 35:59Lance: even
- 35:59Lance: though
- 35:59Lance: it's
- 36:00Lance: obviously
- 36:00Lance: not
- 36:00Lance: one
- 36:00Lance: of
- 36:01Lance: the
- 36:01Lance: most
- 36:01Lance: valuable.
- 36:02Ryan: You
- 36:02Ryan: know
- 36:02Ryan: what,
- 36:03Ryan: Lance?
- 36:03Ryan: I
- 36:04Ryan: agree.
- 36:04Ryan: I
- 36:04Ryan: also
- 36:05Ryan: have
- 36:05Ryan: the
- 36:06Ryan: Jordan
- 36:06Ryan: rookie
- 36:06Ryan: card.
- 36:07Ryan: I
- 36:08Ryan: went
- 36:08Ryan: to
- 36:08Ryan: a
- 36:08Ryan: card
- 36:08Ryan: shop,
- 36:09Ryan: I
- 36:09Ryan: think
- 36:09Ryan: I
- 36:09Ryan: was
- 36:09Ryan: like
- 36:09Ryan: 12,
- 36:10Ryan: traded
- 36:11Ryan: a
- 36:11Ryan: bunch
- 36:11Ryan: of
- 36:11Ryan: cards
- 36:12Ryan: for
- 36:12Ryan: it.
- 36:12Ryan: I've
- 36:12Ryan: had
- 36:12Ryan: it
- 36:13Ryan: since
- 36:13Ryan: I
- 36:13Ryan: was
- 36:13Ryan: 12.
- 36:13Ryan: Oh.
- 36:14Ryan: It's
- 36:14Ryan: not
- 36:14Ryan: like...
- 36:15Ryan: It,
- 36:15Ryan: it's
- 36:15Ryan: probably
- 36:16Ryan: like
- 36:16Ryan: a
- 36:16Ryan: six
- 36:16Ryan: or
- 36:16Ryan: seven,
- 36:17Ryan: but
- 36:18Ryan: I'd
- 36:18Ryan: agree,
- 36:18Ryan: it's
- 36:18Ryan: probably
- 36:19Ryan: not
- 36:19Ryan: my
- 36:19Ryan: favorite.
- 36:19Ryan: Recently,
- 36:20Ryan: my,
- 36:20Ryan: my
- 36:20Ryan: son
- 36:21Ryan: loves
- 36:21Ryan: the
- 36:21Ryan: history
- 36:22Ryan: of
- 36:22Ryan: baseball,
- 36:22Ryan: just
- 36:23Ryan: loves
- 36:23Ryan: it,
- 36:24Ryan: and
- 36:24Ryan: we've
- 36:25Ryan: found
- 36:25Ryan: a,
- 36:26Ryan: a
- 36:26Ryan: cheaper
- 36:26Ryan: Roger
- 36:27Ryan: Maris-
- 36:28Lance: Ah
- 36:28Lance: I
- 36:28Ryan: don't
- 36:28Ryan: know,
- 36:29Ryan: in
- 36:29Ryan: the
- 36:29Ryan: '60s,
- 36:30Ryan: and
- 36:30Ryan: it
- 36:30Ryan: just
- 36:31Ryan: brought
- 36:31Ryan: him
- 36:31Ryan: so
- 36:32Ryan: much
- 36:32Ryan: excitement
- 36:32Ryan: thinking,
- 36:33Ryan: "Oh,
- 36:33Ryan: my
- 36:33Ryan: gosh,
- 36:33Ryan: I've
- 36:34Ryan: got
- 36:34Ryan: a
- 36:34Ryan: Roger
- 36:34Ryan: Maris
- 36:35Ryan: card."
- 36:35Ryan: He
- 36:35Ryan: was
- 36:35Ryan: so
- 36:36Ryan: excited.
- 36:36Ryan: It,
- 36:38Ryan: it's
- 36:38Ryan: just-
- 36:38Ryan: Awesome
- 36:38Ryan: you
- 36:38Ryan: know,
- 36:38Ryan: and
- 36:38Ryan: a
- 36:38Ryan: Willie
- 36:39Ryan: Mays.
- 36:39Ryan: It's
- 36:39Ryan: those
- 36:40Ryan: older
- 36:40Ryan: cards
- 36:40Ryan: that
- 36:41Lance: No,
- 36:41Lance: that's
- 36:42Lance: what
- 36:42Lance: it's
- 36:42Lance: about.
- 36:42Lance: Are
- 36:42Lance: great.
- 36:42Lance: That's
- 36:42Lance: awesome.
- 36:43Ryan: Yeah.
- 36:44Ryan: Awesome,
- 36:44Ryan: Lance.
- 36:45Ryan: Real
- 36:45Ryan: quickly,
- 36:45Ryan: where
- 36:45Ryan: can
- 36:46Ryan: our,
- 36:46Ryan: uh,
- 36:47Ryan: audience
- 36:47Ryan: get
- 36:47Ryan: more
- 36:48Ryan: information
- 36:48Ryan: about
- 36:48Ryan: Advisors
- 36:49Ryan: Asset
- 36:49Ryan: Management?
- 36:50Lance: Yeah.
- 36:51Lance: If
- 36:51Lance: they'd
- 36:51Lance: like
- 36:51Lance: to
- 36:51Lance: learn
- 36:51Lance: more
- 36:52Lance: about
- 36:52Lance: AAM
- 36:52Lance: or
- 36:53Lance: our
- 36:53Lance: ETF
- 36:53Lance: lineup,
- 36:54Lance: they
- 36:54Lance: can
- 36:54Lance: visit
- 36:54Lance: our
- 36:54Lance: website
- 36:55Lance: at
- 36:55Lance: www.aamlive.com/etfs,
- 37:00Lance: and
- 37:00Lance: you'll
- 37:00Lance: see
- 37:01Lance: all
- 37:01Lance: nine
- 37:01Lance: of
- 37:01Lance: our
- 37:01Lance: ETFs.
- 37:02Lance: And,
- 37:02Lance: uh,
- 37:02Lance: obviously,
- 37:03Lance: feel
- 37:03Lance: free
- 37:03Lance: to
- 37:03Lance: reach
- 37:04Lance: out.
- 37:04Lance: We're
- 37:04Lance: happy
- 37:04Lance: to
- 37:04Lance: help
- 37:05Lance: however
- 37:05Lance: we
- 37:05Lance: can.
- 37:07Ryan: Awesome,
- 37:07Ryan: Lance.
- 37:07Ryan: Really
- 37:08Ryan: fun
- 37:08Ryan: conversation.
- 37:09Ryan: We
- 37:09Ryan: brought
- 37:10Ryan: in
- 37:10Ryan: sports,
- 37:11Ryan: something
- 37:11Ryan: that
- 37:11Ryan: we're
- 37:12Ryan: very
- 37:12Ryan: passionate
- 37:13Ryan: about,
- 37:13Ryan: and
- 37:14Ryan: ETFs.
- 37:14Ryan: I
- 37:15Ryan: love
- 37:15Ryan: it.
- 37:15Ryan: Really
- 37:15Ryan: fun
- 37:16Ryan: conversation.
- 37:18Ryan: Thank
- 37:18Ryan: you
- 37:18Ryan: so
- 37:18Ryan: much
- 37:18Ryan: for
- 37:19Ryan: coming
- 37:19Ryan: on
- 37:19Ryan: and
- 37:19Ryan: sharing
- 37:20Ryan: such
- 37:20Ryan: great
- 37:20Ryan: insight.
- 37:21Ryan: And
- 37:21Ryan: thank
- 37:21Ryan: you
- 37:21Ryan: everyone
- 37:22Ryan: for
- 37:22Ryan: listening
- 37:22Ryan: to
- 37:22Ryan: this
- 37:23Ryan: episode
- 37:23Ryan: of
- 37:24Ryan: Zephyr's
- 37:24Ryan: Adjusted
- 37:25Ryan: for
- 37:25Ryan: Risk
- 37:25Ryan: podcast.
- 37:26Ryan: You
- 37:26Ryan: can
- 37:26Ryan: watch
- 37:27Ryan: all
- 37:27Ryan: of
- 37:27Ryan: our
- 37:27Ryan: other
- 37:27Ryan: episodes
- 37:28Ryan: on
- 37:28Ryan: the
- 37:28Ryan: Zephyr
- 37:29Ryan: YouTube
- 37:29Ryan: channel.
- 37:30Ryan: And
- 37:30Ryan: lastly,
- 37:30Ryan: please
- 37:31Ryan: give
- 37:31Ryan: us
- 37:31Ryan: a
- 37:31Ryan: follow
- 37:31Ryan: on
- 37:32Ryan: Zephyr
- 37:32Ryan: LinkedIn
- 37:33Ryan: page
- 37:34Ryan: to
- 37:34Ryan: learn
- 37:34Ryan: more
- 37:34Ryan: about
- 37:35Ryan: Zephyr.
- 37:35Ryan: Thank
- 37:36Ryan: you
- 37:36Ryan: so
- 37:36Ryan: much,
- 37:36Ryan: and
- 37:36Ryan: have
- 37:37Ryan: a
- 37:37Ryan: great
- 37:37Ryan: rest
- 37:37Ryan: of
- 37:37Ryan: your
- 37:38Ryan: week.