ET In Brief:
Fidelity Reminds ETF Industry It Doesn’t Have To Care
Free is a good price. It’s how we got Fortnite, and Radio, and a terrible internet. People hate paying for things.
That’s what Fidelity was counting on when they decided to make a stink about 9 ETF issuers not signing their revenue sharing deal.
And they’ll win. They always win.
Breaking News #20: Hot Ones and Phony Wars
In this episode of Breaking News, we examine the recent situation with NPR and how it relates to the concept of Fiat News. We also delve into the current state of tensions between Iran and Israel and why we may see a ‘phony war” in the coming months. Additionally, we examine the underwhelming sales of Tesla’s Cybertruck and the broader decline of the EV Narrative. We also have a dumb question about expansion of NATO and a Cultish Corner on Conan O’Brien’s masterful appearance on the show “Hot Ones”.
The Intentional Investor #2: Justin Castelli
In this episode of the Intentional Investor, Matt Zeigler and Justin Castelli explore the intersection of life and investing, discussing the importance of aligning your financial plan with your personal values and vision. Justin shares his unique perspective on setting goals versus having a vision, emphasizing the significance of investing in experiences, relationships, and intellectual property rather than solely focusing on traditional financial metrics. The two discuss the role of financial advisors in helping clients live authentically and the potential for an abundance mindset within the financial system. Justin also touches on his aspirations to support others through creative ventures and the generational wisdom he hopes to pass down to his children.