00:00Bloomberg's Joel Weber is going to see whether Eric, Cynthia, and I really know our stuff when
00:04it comes to ETFs. And Joel, of course, co-hosts the Trillions podcast with Eric. He's also our
00:08head of games at Bloomberg. So, Joel, you have spent the weekend coming up with these questions.
00:13Yeah, I was doing other things this weekend, but I did have these ready. Cynthia, welcome.
00:18Let's see how you do. Our first question. The ticker MIGO, a 351 conversion, which I know you
00:27were just talking about, was seeded by the family behind which snack brand? A, Hot Pockets,
00:33B, Chex Mix, C, Skinny Pop, or D, Pirate's Booty? You just picked these based on the names, right?
00:40It was a fun one. Hot Pockets. Eric? It is Hot Pockets. I'll go with that.
00:47Way to go with it. Eric cut you off. You're supposed to go second. Hot Pockets is right.
00:52Sorry. We'll get the order right here. Okay. Sorry. Next question.
00:56Congrats. You're on the board. Everyone's having fun. Let's make it not so fun.
01:00What percentage of ETFs launched this year are still below break even today? A, 12 percent,
01:07B, 44 percent, C, 78 percent, or D, 86 percent? Given how high the numbers skew, I know it's not
01:14A. So, I'm thinking it's either B or C. I'm going to go with C. Cynthia?
01:19Yeah. I'm going to go with D. Okay. Eric? I'm going to go with C. Okay. And our answer is?
01:27Oh, Cynthia. Oh, man. Nice job. All right. Way to rub it in. You better miss this next one or
01:34you'll never come back. Got it. Let's see if she can sweep. Okay. In 2026, how long had the average
01:41ETF been on the market when it closed? Oh, yes. A, 2.3 years, B, 4.1 years, C, 3
01:49.8 years, or
01:51D, 5.4 years? The average ETF. Yeah. Oh, God. I have no idea. I'm going to say A. Cynthia?
02:01Um, so this is the ETFs that closed this year that launched. Yep. Yep. And the average
02:06length of time. A, 2.3 years. Eric? What do you think? Damn, because now I'm going to say
02:11A is the answer, which means she got all of them. Okay. Let's see if that's right. Yeah.
02:17Cynthia, you're welcome back any time. That's awesome. How many times have you gotten all three
02:22right, Eric? He's lost. Hold on. Of course, if you like playing games, you can go to QuizGo on
02:30the terminal where we have a news quiz for you. And online, go to Bloomberg.com slash
02:33pointed, where we've got a news quiz where you can play with leverages, among other things.