Balchunas Reply to ETFs as ‘Weapons of Mass Destruction’(Audio)

Bloomberg intelligence analyst Eric Balchunas responds to a letter to investors from the managers of the FPA Capital Fund. They wrote that exchange-traded products are "weapons of mass destruction". This is a daily ETF podcast from Bloomberg’s Catherine Cowdery.

producer: Catherine Cowdery +1-212-617-5560 or

Running time 01:55

Before it's here, it's on the Bloomberg Terminal. LEARN MORE