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On today’s show, we discuss:
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HISTORIC: $VOO has broken the all-time annual inflow record for an ETF w/ $50.9b and IT’S STILL JULY. Unreal. Now of course, it could see outflows and un-break record but this Vanguard we talking about = 99% chance it hoovers up more cash Pac-Man style. Legit shot at $100b IMO. pic.twitter.com/yQg5RxkNc2
Eating Too Much ‘Boomer Candy’ Can Lead to Decay in ETF Returns.. ha, nice headline from @psarofagis who found mostly an inverse correlation bt the yield of an equity ETF and their outperformance over the S&P. Highest yielders had lowest outperformance rates.. pic.twitter.com/7Hpw9OizLW
New balance ceo reveals over $6b in annual sales, making it the 4th biggest sneaker company by sales. He says growth has been fierce in the last 2 years and the business has doubled. (It’s a private company so we never really knew #s)
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