Savannah Guthrie and Hoda Kotb were both schooled on the stock market by Savannah’s 8-year-old daughter. The two women celebrated five years of co-anchoring TODAY by taking a field trip to the New York Stock Exchange so they could ring the bell kicking off trading for the day.
Savannah’s daughter Vale, 8, went with them for the special moment. During the trip, Vale had a chance to teach her mom and Hoda some things about the stock market. The three of them appeared on TODAY’s fourth hour and talked with Jenna Bush Hager and Willie Geist about their trip.
“Vale explained the stock market to me and Savannah, and it was amazing. Will you explain it to them?” Hoda said.
“What is the stock market?” Savannah asked her daughter.
Vale confidently said, “Basically, when companies get big enough they sell parts of their companies to the public and at the Stock Exchange you sell and buy those parts of the company.”
After the audience gave Vale a huge round of applause, Savannah joked, “Why hasn’t anyone told me that all these years?”
Jenna asked where Vale learned this little information, “Savannah, did Mike Feldman (her husband) explain that to Valey? Who taught her that? Was it you or Mike?”
Savannah admitted that it was indeed Mike. “My husband explained that because you know I could not have explained that so well,” she said.
Hoda was also impressed at Vale’s knowledge and praised her for the way she was able to simply explain things. “This is the clearest anyone’s ever explained the stock market that I’ve ever heard before, so Vale nailed it,” she said.
Savannah shared several photos of Vale’s experience at the New York Stock Exchange on her Instagram page, including one of the 8-year-old pretending to answer a call.
“Take your fearless girl to work day,” she wrote in a caption.
