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Meet Sam. Sam is 30 years old. Sam may not act the part, but he's a billionaire.

But on December 12, 2022, everything changes for Sam.

And what he calls a screw-up, the US government calls one of the largest frauds in history.

From Bloomberg and Wondery comes a new series,

Spellcaster, the fall of Sam Bankman Fried.

Listen to Spellcaster on Amazon Music, the iHeartRadio app, or wherever you get your podcasts.

Welcome to Trillions, a podcast about the exchange-traded fund, which probably

know as the ETF. My name is Joel Woodward. And I'm Eric Balschewness.

I'm the editor of Bloomberg Market's Magazine. And I'm an analyst with Bloomberg Intelligence,

and we're starting a podcast about ETFs and how they become such a powerful investing tool.

Wait, ET, what? Come on Joel, you know what an ETF is, an exchange-traded fund?

That's true. I know a little bit, but I don't know as much as you.

Yeah, I basically spend every waking minute thinking, writing, reading about ETFs.

But the problem, even for me, is it's really easy to over-complicate this stuff.

So we're going to keep things simple. And at the same time, we'll be able to give people

who already use ETFs a few nuggets too. It'll be a little bit like a Pixar movie.

If you guys get something, mom and dad get something.

Yeah, we want you to have a lot of useful information about ETFs like how they work,

how to pick them, how they can help you as an investor, and what to be wary of.

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