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Industry Focus

CG: Investment Opportunities that are “Out of this World!”

Industry Focus

The Motley Fool

Interview, Money, Consumergoods, Business, Businessnews, Ceo, Technology, Investing, Stocks, Energy, Fool, Financial, Economy, Healthcare, News, Banking, Motley, Tech, Business News, Investments

4.6854 Ratings

🗓️ 5 May 2020

⏱️ 28 minutes

🧾️ Download transcript

Summary

Join Host Emily Flippen as she dives into the universe of investing in the “global space economy” with the co-Founder and CEO of ProcureAM, Andrew Chanin. ProcureAM is the issuer behind the world’s first pure-play space ETF, UFO, that aims to help investors get diversified exposure to one of the fastest growing and disruptive industries available today.

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Transcript

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0:00.0

Welcome to Industry Focus. The podcast that dives into a different sector of the stock market each day.

0:11.5

I'm your host Emily Flippin. I'm Jason Moser. I'm Nick Saiple. I'm Dylan Lewis. And today we're talking financials. Today we're talking consumer goods.

0:20.0

Wild-Cuck! Wednesday. And we're talking energy. And today we're talking tech. Let's dive in.

0:28.0

It's Tuesday May 5th and I'm your host Emily Flippin.

0:31.0

For this Consumer Goods focused episode, we're actually

0:34.1

blasting off into outer space to cover one of the newer but rapidly expanding

0:38.7

industries that in my opinion has the potential to disrupt what it means to be a consumer discretionary company.

0:45.6

Joining me today to break down the ends and outs of investing in the global space economy

0:50.5

is Andrew Chanon, the co-founder and CEO of Procure AM, the issuer behind the world's first pure play space

0:57.8

ETF, trading undertaker UFO. Andrew, thank you so much for joining me today.

1:03.0

I'm thrilled to be here.

1:04.0

Thanks for having me.

1:05.0

And I should clarify for our listeners that we're actually recording this on to the 28th,

1:10.0

but it's going to be releasing on May 5th,

1:12.0

and I hope that it will be just as relevant a week

1:15.3

from now as it is today but I am personally really excited about the opportunity for

1:20.9

space it was part of the reason why I was so excited to have you on today. So I'd love to know just a little bit about yourself. What made you and your company interested in the opportunities for, as, quote, space.

1:33.0

So I had the fortune of right out of university actually getting a job with one of the largest

1:38.6

ETF specialist trading firms on the floor of the American Stock Exchange back in 2007 and it provided me

1:45.5

with a tremendous experience starting off with the trading and market making of

1:49.8

exchange-traded products predominantly in the global equity and international equity world and it led me down a path where I've

1:58.6

Created several E. T.F. companies and most recently with E. T.F. industry veteran and legend Bob Tull, we created a

...

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