In short: Named ("IVV from BlackRock") with SPY and VOO as the S&P 500 fire hoses directing passive liquidity at the index crowd.
19:12Was that index and ETF complex referenced a single security? So the product and the underlying were the exact same thing. When you think about something like the S&P 500 and a product like SPY or VO or IBV from BlackRock, what's actually happening is that's a liquidity collection mechanism like a fire hose that is then directing liquidity at a crowd.
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