{"podcast":{"title":"Money Lessons with Andrew Temte, PhD, CFA","slug":"money-lessons-with-andrew-temte-phd-cfa-6946211","podcast_index_feed_id":6946211,"rss_url":"https://feed.podbean.com/saturdaymorningmuse/feed.xml","website_url":"https://saturdaymorningmuse.podbean.com","image_url":"https://pbcdn1.podbean.com/imglogo/image-logo/18433088/Podcast_Artwork_ML9tsgd.jpg","author":"Andrew Temte","episode_count":154,"summary":"Tune in every Saturday Morning, for Andrew Temte’s insights into personal and professional continuous improvement with a focus on improving financial literacy and financial decision-making.","last_synced_at":"2026-09-19T16:21:32.767166+00:00","page_url":"https://stenobird.com/podcast/money-lessons-with-andrew-temte-phd-cfa-6946211"},"episode":{"title":"What Is \"The Market\"? The Dow, the S&P 500, and the Index Bet You Didn't Choose","slug":"what-is-the-market-the-dow-the-s-p-500-and-the-index-bet-you-didn-t-choose","published_at":"2026-06-27T10:00:00+00:00","page_url":"https://stenobird.com/podcast/money-lessons-with-andrew-temte-phd-cfa-6946211/what-is-the-market-the-dow-the-s-p-500-and-the-index-bet-you-didn-t-choose","show_page_url":"https://stenobird.com/podcast/money-lessons-with-andrew-temte-phd-cfa-6946211","url":"https://saturdaymorningmuse.podbean.com/e/the-etf-trade-it-like-a-stock-hold-it-like-an-index-fund/","audio_url":"https://mcdn.podbean.com/mf/web/e52qh93rveybuyvu/ML_627267plfe.mp3","summary":"In this episode of Money Lessons, Andy tackles a phrase we lean on without ever defining it: \"the market.\" He explains what a stock market index is, where the Dow, the S&P 500, and the Nasdaq-100 come from, and how each one measures the market differently — the Dow by share price, the others by company size. He unpacks the Dow's hidden divisor and the outsized power of a denominator, shows how a handful of giant companies can carry an entire index, and explains why SpaceX's arrival on the Nasdaq means millions of index-fund holders are about to own a stock they never picked. The lesson: an index is a set of choices, and a fund that tracks one hands you all of them.#financialliteracy #moneylessons #personalfinance #investing #stockmarket #SP500 #DowJones #Nasdaq #indexfunds #SpaceX AndrewTemte.com","meta_description":"In this episode of Money Lessons, Andy tackles a phrase we lean on without ever defining it: \"the market.\" He explains what a stock market index is, where…","key_points":[],"chapters":[],"topics":[],"duration_seconds":750,"processing_state":"not_requested","actions":[{"name":"request_transcript","method":"POST","url":"https://stenobird.com/v1/public/podcasts/money-lessons-with-andrew-temte-phd-cfa-6946211/episodes/what-is-the-market-the-dow-the-s-p-500-and-the-index-bet-you-didn-t-choose/transcription-requests","description":"Idempotently request low-priority transcript generation for this episode."},{"name":"read_markdown","method":"GET","url":"https://stenobird.com/podcast/money-lessons-with-andrew-temte-phd-cfa-6946211/what-is-the-market-the-dow-the-s-p-500-and-the-index-bet-you-didn-t-choose.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}