Gift Cards and ETFs
The discussion highlights the psychological benefits of gift cards as a form of "psychic income," making consumers feel like they've won despite potential overspending. The conversation then shifts to equal weight ETFs, revealing that they often mimic mid-cap exposure, which can be an overlooked segment of the market. Recent performance data shows that equal weight ETFs have outperformed the S&P 500 over the past decade, challenging previous assumptions about their value.In this clip
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Animal Spirits Podcast
(Fixed) The Netflix of Financial Advice (EP.75)
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