Introduction to Exchange Traded Funds (ETFs) with William Rhind

<p>Exchange Traded Funds, or ETFs, sound intimidating, but are just another tool to add to your trading portfolio. These funds trade pretty much the same as a stock but are comprised of many different companies as opposed to just one. William Rhind is the man who pioneered this form of trade and is hitting great success with his company GraniteShares.</p><p>William talked to Jack and Dan about the basics of this form of trading. He discussed how much capital is needed, how the funds work, and even shared a bit about the mysterious vault at the GLD. Listen to learn this new trading avenue.</p><ul><li>[02:07] - This week: William Rhind</li><li>[03:29] - Market reaction</li><li>[04:54] - Interview with William Rhind</li><li>[05:10] - How William came to be the founder and CEO of GraniteShares</li><li>[08:26] - Understanding exchange-traded funds</li><li>[11:04] - The SPDR Gold Trust vault</li><li>[13:11] - Starting an ETF</li><li>[14:39] - Rebalancing technicalities</li><li>[16:09] - Trading vehicles and long-term investments</li><li>[17:44] - The volume spectrum</li><li>[18:59] - Minimum barrier to entry</li><li>[21:06] - Constant leverage</li><li>[25:58] - When crude goes negative</li><li>[28:39] - Identifying losers for XOUT</li><li>[31:46] - Technological disruption</li><li>[35:39] - Research and marketing</li></ul><br/><p><a href="https://www.linkedin.com/in/william-rhind-5434367/" rel="noopener noreferrer" target="_blank">William Rhind</a> is the founder of<a href="https://www.graniteshares.com/" rel="noopener noreferrer" target="_blank"> GraniteShares</a>, an independent exchange-traded fund built for investors seeking simple, cost-effective access to differentiated investments. GraniteShares is backed by leading fintech VCs such as Bain Capital Ventures and Clocktower Technologies. Rhind has built and managed businesses in the ETF market for nearly his entire career, and previously was CEO of World Gold Trust Services which is the largest commodity fund in the world.</p><p>Limit Up! is a podcast for traders