Corgi’s 300-500 ETF launches in one year is like someone walking up to a roulette table and putting chips on every single number. One will def win big but lot of drag too. Good news is it’s not that dif than rest of industry. The avg etf issuer’s biggest etf accts for 60% of its assets and revenue and 40% of most lineups are unprofitable. Corgi is just doing all this on a crazy fast time frame. From @psarofagis note today on BI ETF<go>(Eric Balchunas)