Fat Tailed Thoughts

Exchange Trade Funds (ETFs). We discuss their remarkable history: from the innovations in mutual funds, through the initial flop of a launch, to their wild success as a $6.5 trillion industry. We explore how they actually work and why those innovations are key to their success.

Check out this week's letter for the full story. Follow @FatTailThoughts on Twitter to be notified when the next podcast's live and your co-hosts @KleeBeard and @StevenDickens3 for more content.

The Great Wealth Transfer. We discuss the 5+ living generations, how their wildly different macro experiences have led to divergent wealth, and how the wealth-inheriting generations invest and spend differently than the older generations. But not all are set to see an inheritance. We analyze how the tax structure facilitates dynastic wealth and explore a future with significant intragenerational wealth divides. We wrap up on a high note looking at the new opportunities available who service both the haves and have-nots in the $68T wealth transfer.

Check out this week's letter for the full story. Follow @FatTailThoughts on Twitter to be notified when the next podcast's live and your co-hosts @KleeBeard and @StevenDickens3 for more content.

Overdraft fees. We discuss the four different fee types, their magnitudes, and how some bad banks are almost entirely reliant on overdrafts for profitability. We turn our attention to legislative action and the appropriate role for regulators, taking into consideration recent research showing that overdraft services can increase access to banking for low-income families and the unbanked. We wrap up with a look at some of the startups and banks that are innovating in the space and what to expect next week.

Check out this week's letter for the full story. Follow @FatTailThoughts on Twitter to be notified when the next podcast's live and your co-hosts @KleeBeard and @StevenDickens3 for more content.

Welcome to the Fat Tailed Thoughts podcast! Each week, we dive into the mechanics and workings of finance, money, and cryptocurrencies with your hosts Jared Klee and Steven Dickens. Subscribe to the Fat Tailed Thoughts letter and follow us on Twitter & LinkedIn for more.