This week’s episode of the Money Stuff podcast is out now, in which Katie and I discuss bird gender reveal parties, meme stocks, short squeezes, AI as a distillation of human wisdom, dispersion trades, ETF tax efficiency, heartbeats, whether everything will be a tokenized ETF, the Qs, marketing budgets and the rule against perpetuities. You can listen to this week’s episode here:

You can get Money Stuff: The Podcast at Apple, Spotify or wherever you get your podcasts. We’d love your feedback. You can email us at moneypod@bloomberg.net.