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Join Dave and Elise every week for a buggy-ride of cinematic exploration. A bilingual Montreal native and a Prairies hayseed gravitate to Toronto for the film culture, meet on OK Cupid, and spur on each other's movie-love, culminating in this podcast. Expect in-depth discussion of their old favourites (mostly studio-era Hollywood) and their latest frontiers (courtesy of the TIFF Cinematheque and various Toronto rep houses and festivals). The podcast will be comprised of several potentially n ...
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Trillions

Bloomberg

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Money goes where it's treated best. That simple truth is a big reason why more and more money—trillions, in fact—flows into a powerful, low-cost tool that's quietly transformed investing in recent years. Exchange-traded funds, or ETFs, let you invest in everything from the stock market to gold like never before. This biweekly podcast will demystify them—and delight you in the process.
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Flux

Alice Lloyd George

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Flux is a podcast about the pioneers building companies at the frontier of technology. This series of interviews goes beyond the soundbites, allowing some of the most interesting players in technology to share their insider expertise and explain the challenges they face in building the future. Hosted by Alice Lloyd George.
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Our second Gloria Grahame Acteur-Oeuvre-view episode includes a curious under-use of our acteur in the all-around baffling musical comedy It Happened in Brooklyn (nevertheless memorable for the chemistry between Frank Sinatra and Jimmy Durante), and a judicious use of her by RKO in Edward Dmytryk's anti-fascist noir Crossfire (also 1947). We try to…
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For this MGM 1931 episode we watched The Easiest Way, a feminist subversion of melodrama tropes by director Jack Conway and screenwriter Edith Ellis, starring Constance Bennett as the fallen woman and a young Clark Gable, verging on stardom, as her judgemental brother-in-law; and possibly the most sentimental movie ever made, King Vidor's The Champ…
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In investing, there are many “rules.” And the rules are intended to help you, dear investor, make money. But if you’ve been around money — and especially if you’ve been around a lot of money … managing other people’s money, say — you know that people make a lot of mistakes, too. On this episode of Trillions, Eric Balchunas and Joel Weber speak with…
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Our Farrow v Allen series continues with four more collaborations: September (1987), Another Woman (1988), Oedipus Wrecks (1989, part of the anthology movie New York Stories), and Crimes and Misdemeanors (1989). We count the ways in which Allen mashes up his favourite playwrights, filmmakers, and Russian novelists, trace the development of Allen's …
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Welcome to our inaugural Gloria Grahame episode, which is also our final Acteurist Oeuvre-view! In this episode we consider Gloria's first significant movie role, as the cause of Blonde Fever (1944), in which she and Philip Dorn confuse each other and provide occasion for Mary Astor's multiple levels of irony. We then turn to Gloria's breakthrough …
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During her time as a commissioner at the US Securities and Exchange Commission, Hester Peirce has often been a dissenting voice—especially on all things crypto. Now, as she approaches the official end of her term, her legacy may include an SEC that’s more aligned with the positions she championed. On this episode of Trillions, Eric Balchunas and Jo…
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Our streak of finding gynocentric crime film gems continues with our second Paramount 1931 episode, featuring two movies directed by Sylvia Sidney specialist Marion Gering. 24 Hours pairs a despairing Clive Brook and Miriam Hopkins, haunted by marriages they can't escape in one way or another. And Ladies of the Big House, starring a radiant Sidney …
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Our final Diana Wynyard episode has arrived all too soon! We look at her two final key roles, in Alexander Korda's film of Oscar Wilde's An Ideal Husband (1947) and The Feminine Touch (1956), a nurse drama that's better than its silly title. And in Fear and Moviegoing in Toronto, we cover the 2025 Toronto Silent Film Festival, focusing on three fil…
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It’s that time of the year. Exchange, the big exchange-traded fund conference, was held in Las Vegas this year and brought together many in the ETF industry to talk shop and network. This year's big theme was ETF share class and the selloff in stocks, but no stones were left unturned under the scorching Nevada sun. On this episode of Trillions, Eri…
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**** [Retro Re-issue Alert!] **** Turns out it wasn't such a great idea to use Le Tigre's "What's Yr Take on Cassavetes?" as our podcast's theme song in 2019 and 2020! Anyway, Spotify (and presumably Le Tigre) don't seem to think so. Accordingly, please find the attached re-issue of one of our foundational episodes, minus the intro music + a couple…
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In this Farrow vs. Allen Special Subject episode we dig into a strong set of films, The Purple Rose of Cairo (1985), Hannah and Her Sisters (1986), and Radio Days (1987), united by their examination of art, popular culture, and fantasy, the possibilities they offer for transcendence, and the conditions of that transcendence. We also, of course, par…
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We complete our second round of 1930 on Studios Year by Year with Universal. This time around we've got two auteur entries, Lewis Milestone's All Quiet on the Western Front, and a much deeper cut, Tod Browning's eccentric crime drama Outside the Law. We discuss All Quiet as emblematic of the Laemmele Jr. era before turning to Browning's tense, mess…
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In the aftermath of President Donald Trump’s April 2 “Liberation Day,” stock markets around the world plunged. Yet just 13 hours after Trump’s tariffs took effect, the president paused them for 90 days — for countries not named China, that is. Markets soared in response to Trump’s backpedaling. The S&P 500 Index climbed almost 10% while the Nasdaq …
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In our penultimate Diana Wynyard Acteurist Oeuvre-view episode, our acteur supports two of the greats of her age, John Gielgud as Benjamin Disraeli in Thorold Dickinson's The Prime Minister and Michael Redgrave as the titular innocent of Carol Reed's Kipps, based on the novel by H.G. Wells. We discuss 19th century British politics (enfranchisement …
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In this week's RKO Studios Year by Year episode, we discuss our favourite movies from our first round with the studio and how that round shaped our impression of RKO, and then turn to two new 1930 movies: Framed (directed by George Archainbaud), a gangster movie focused on Evelyn Brent's tough/tender mixed-up moll, and The Runaway Bride (directed b…
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This is not your grandfather’s exchange-traded fund industry. What started as boring, predictable and passive has morphed into strategies and packaged trades being packed into new ETFs. These include leverage, options overlays and private assets. Given all of this upheaval, some from the old school are worried investors aren’t receiving the exposur…
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We've got a big one for you this week: four main movies plus four Fear and Moviegoing viewings. Our main feature is Stanning for Sten: Anna Sten's three movies for Samuel Goldwyn, Nana (1934), based on (more like inspired by) the Zola novel, We Live Again (1934), with a Tolstoy source, and The Wedding Night (1935), plus a glimpse at one of her late…
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In this Diana Wynyard Acteurist Oeuvre-view episode, we look at probably her best-known film, Gaslight (directed by Thorold Dickinson), and consider its pros and cons relative to the Cukor/Selznick Hollywood version of a few years later, as well as the question of how "gaslighting" became an internet meme and how well the source fits the popular me…
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First Trust, the sixth-largest issuer of US exchange-traded funds, has managed to stay mostly under the radar in the investing world — and yet it's also perfected a lucrative, Vanguard-proof business model. The company's products are directed more at financial advisors than the retail world, and their funds, most of which are actively managed, have…
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The first episode of our second Studios Year by Year round with Fox, the "Rube" according to Ethan Mordden, is a real ridiculous/sublime contrast: the sci-fi musical comedy Just Imagine (directed by David Butler), a vehicle for vaudevillian El Brendel, in whom Dave may have found his comedy bête noir; and the F. W. Murnau masterpiece City Girl, whi…
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In this Diana Wynyard Acteurist Oeuvre-view episode we finally come to the source, James Whale's One More River (1934), the movie that inspired Dave to schedule this series, and don't worry, we still think it's a masterpiece. We recap how we've watched the Wynyard onscreen persona evolve and how Whale's new context for it gives it an unforgettable …
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European stocks are off to a strong start this year—one of their best ever in fact and easily beating the US market. But can it last? Will US tech stocks come roaring back again? And are there any reasons to invest in Europe besides stocks there just being “cheap?” On this episode of Trillions, Eric Balchunas and Joel Weber speak with Gina Martin A…
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For the first episode of our second round of Warner Brothers 1930, we've got a thoughtful, ambitious gangster movie from the mind of little-known auteur Rowland Brown, The Doorway to Hell (directed by Archie Mayo), and a truly dismal melodrama, A Notorious Affair (directed by Lloyd Bacon), rescued from total worthlessness by Kay Francis's turn as a…
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For our Valentine's Day 2025 episode, we plunge deep into the nature of relationships by discussing two films whose romantic pairings are arguably not relationships at all: Spike Jonze's Her (2013) and his sometime collaborator, Charlie Kaufman's I'm Thinking of Ending Things (2020). Isolation, loss, misogyny, male fantasies, hope and despair: we'v…
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There’s something special about the US stock market these days—it’s almost beyond comprehension how it keeps kicking out consistently big returns. Sure, other markets have nice runs now and again, but they’re usually short-lived and almost microscopic compared to the US. Why is that? And how long can this level of dominance last? On this episode of…
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We start off our second round of MGM Studio Year by Year episodes with these 1930 films: the Marion Davies comedy vehicle The Florodora Girl (directed by Harry Beaumount) and Cecil B. DeMille's Madam Satan, which Elise decides is something like Eyes Wide Shut if it was made by James Cameron (but, alas, not as interesting as that sounds). (It's stil…
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For this episode of our Diana Wynyard Acteurist Oeuvre-view series, our featured acteur plays a disillusioned modern woman in two 1934 movies, Where Sinners Meet and Let's Try Again, that are cynical about marriage in a way that (we argue) screwball comedy would soon render archaic. And in Fear and Moviegoing in Toronto we give our impressions of t…
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Municipal bonds are the foundation of how American cities and states operate. And a big reason investors love “munis” is their tax-free status. But if you think that makes muni exchange-traded funds sound boring, think again. On this episode, Eric and Joel speak with Eric Kazatsky, head of municipal strategy at Bloomberg Intelligence and co-host of…
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Our Special Subject this month is the start of a series on the cinematic collaboration of Mia Farrow and Woody Allen. In this first episode we look at A Midsummer Night's Sex Comedy (1982), Zelig (1983), and Broadway Danny Rose (1984), paying particular attention to the relationship between the Allen and Farrow characters and to the question of wha…
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It's time for another round of Studios Year by Year, starting over with Paramount 1930! And this time Dave has brought even more nostalgic reading material to give some context for this studio content. We also launch another new series feature: a review of our favourite movies from the previous 1930-1948 round. Turning to the Paramount movies we wa…
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Will the first private credit exchange-traded fund launch in 2025? How many new crypto-related ETFs will come to market this year? And how will the battle of the S&P 500 funds shake out? Will BlackRock’s iShares Core S&P 500 ETF cut fees in an effort to stop Vanguard’s S&P 500 ETF from passing State Street’s SPDR S&P 500 ETF in assets? On this epis…
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Our second Diana Wynyard Acteurist Oeuvre-view episode brought two real oddball pre-Codes to our attention: Men Must Fight (1933), a hardcore pacifist film that predicts the upcoming world war in certain ways, in which Wynyard more or less reprises her Cavalcade role; and Reunion in Vienna (1933), based on a Robert E. Sherwood play, which could hav…
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Our first round of Studios Year by Year comes to an end with these Universal 1948 movies: A Woman's Vengeance (directed by Zoltan Korda with a screenplay by Aldous Huxley, based on his short story "The Gioconda Smile") and Larceny (directed by George Sherman). Huxley's philosophical concerns add unexpected dimensions to familiar Gothic tropes and g…
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Gold or Bitcoin? The answer to that question—as always—depends on whom you ask. Yet the response will regularly be a passionate one. The exchange-traded fund has played an enormous role in making both assets more accessible, part of the reason 2024 was such a banner year. With the debut of spot Bitcoin ETFs and Donald Trump’s election (given his em…
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Our 2024 Christmas episode is devoted to all 312 minutes of Ingmar Bergman's late masterpiece Fanny and Alexander (1982); a phantasmagorical smorgasbord of genres and summary of the writer-director's obsessions. We explore the film's Keatsian and Kierkegaardian implications, its relationship to the Modernist moment, and its oneiric inquiry into the…
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Our first Diana Wynyard Acteurist Oeuvre-view presents us with a couple of politically reactionary pre-Codes: Wynyard's Hollywood debut, Rasputin and the Empress (1932), which is mostly Rasputin (a very freaky Lionel Barrymore), not much Empress (Ethel B), and almost no Wynyard; and her Hollywood triumph, Cavalcade (1933), Noël Coward's version of …
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It's pretty safe to say that 2024 was the best year ever for ETFs. The industry saw record flows of $1 trillion, a record 670 new launches and a 30% jump in assets- not to mention that record smashing bitcoin ETF launch. So how do you top that? On this episode of Trillions Joel and Eric host a roundtable discussion on highlights from 2024 as well a…
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In this 1948 Studios Year by Year episode, we look at two artefacts from Dore Schary's brief tenure as Head of Production at RKO, Berlin Express (directed by Jacques Tourneur), an early Cold War curiosity in which Robert Young and Merle Oberon try to save Paul Lukas from the clutches of Nazis in war-torn Frankfurt, and The Boy with Green Hair (dire…
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Sadly, it's time to say goodbye to another acteur after an all-too-short time. For our final Paul Robeson episode, we watched Julien Duvivier's Tales of Manhattan (1942), which notoriously brought an end to Robeson's career as a film actor, and two extraordinary socialist documentaries to which he contributed his voice, Leo Hurwitz's Native Land (1…
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US large cap stocks have had an unbelievable run, and this year has been no exception. But how much longer can this Magnificent 7-driven winning streak really last? What kind of moves should investors consider making? And which products should they use? ETF strategists ponder questions just like this, and they're experts at figuring out how to meet…
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This 1948 20th Century Fox Studios Year by Year episode is a doozy, a doubleheader of psychotic lovelorn men with bad ideas in their heads. First, in Jean Negulesco's rural noir Road House, Richard Widmark's spoiled road house owner selects Ida Lupino's unlikely and unforgettable femme fatale as his reluctant assassin, and then, in Preston Sturges'…
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Part 1 of our Oscar Levant Special Subject sees us explain our very personal relationship with this singular figure of 1940s/50s Hollywood in preparation to discuss Gershwin biopic Rhapsody in Blue (1945), great Warner Bros. woman's picture/noir Humoresque (1946), Doris Day debut Romance on the High Seas (1948), and accidental Fred and Ginger reuni…
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“The House That Jack Bogle Built” is alive and well in sleepy Malvern, Pennsylvania. So far this year, the asset management firm that pioneered low-cost investing—so much so that “beta” is almost free now—has hoovered up another $256 billion of inflows into its US exchange-traded funds. But as the company nears its 50th anniversary, can it continue…
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For our penultimate Paul Robeson Acteurist Oeuvre-view episode we watched Thornton Freeland's Jericho (1937), in which Robeson plays a court-martialed WWI officer who takes up a new life as the leader of a group of Saharan herders and traders, and Pen Tennyson's The Proud Valley (1940), often cited as the film Robeson was proudest of, about the str…
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For this 1948 Warner Bros Studios Year by Year episode, we watched a couple of the studio's most prestigious releases for the year, John Huston's The Treasure of the Sierra Madre and Jean Negulesco's Johnny Belinda. We explore some extraordinary performances by Humphrey Bogart, Walter Huston, and Jane Wyman in these tales of capitalist nihilism and…
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One of the year’s hottest investments? Bitcoin, which has surged on exchange-traded fund adoption as well as the return of the “Trump trade.” One way to go especially big on that bet is two new leveraged ETFs: MSTX and MSTU, which are 2X MicroStrategy—a company that’s already a highly exposed Bitcoin proxy. Both ETFs effectively give investors a 4X…
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For our 2024 Halloween Special Subject we watched two films in the German Expressionist tradition starring one of the greatest actors to be relegated to Hollywood character actor status, Peter Lorre: Fritz Lang's masterpiece M (1931), through which Lorre came to international recognition playing a child murderer, and Lorre's first Hollywood film, K…
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Things are looking up in this week's Paul Robeson Acteurist Oeuvre-view episode, for which we watched Big Fella (directed by J. Elder Willis), in which Robeson is a dockworker who becomes involved in the search for a kidnapped rich kid, and King Solomon's Mines (directed by Robert Stevenson), the first film adaptation of the H. Rider Haggard coloni…
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As with humans, death is a part of life in the exchange-traded fund industry. There have been about 150 closures this year, which may be a bit surprising given how almost everything is up in the markets. So what’s behind this year’s class of liquidated ETFs? And what does it mean for investors? On this episode of Trillions, Eric Balchunas and Joel …
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Our MGM 1948 Studios Year by Year episode is a Freed Unit double feature: the great Irving Berlin musical Easter Parade, starring Judy Garland and Fred Astaire, and Summer Holiday, a Mickey Rooney coming-of-age story based on a play by Eugene O'Neill, directed by studio-era "art director" Rouben Mamoulian. We discuss Easter Parade as a vehicle for …
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