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Paul Disses the Triple Leverage ETF

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By Barry Ritholtz - November 6th, 2008, 7:00AM

Nearly every sector of the financial world is mid-way through a painful unwinding of all things leverage. That’s right, I said nearly every sector. Triple-levered ETF funds have just launched and my guest blogger and investor Paul Kedrosky calls them ticking time bombs waiting to explode.

Why the market likes them, and Kedrosky hates them in the clip.

Source:
When Exchange Funds Go Bad
Sarah Lacy
Yahoo Tech Ticker Nov 05, 2008 02:00pm

http://finance.yahoo.com/tech-ticker/article/107044/When-Exchange-Funds-Go-Bad

PERMALINK
Category: Index/ETFs, Markets, Video.

Comments

Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data, ability to repeat discredited memes, and lack of respect for scientific knowledge. Also, be sure to create straw men and argue against things I have neither said nor even implied. Any irrelevancies you can mention will also be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.

3 Responses to “Paul Disses the Triple Leverage ETF”

  1. Mark E Hoffer Says:
    November 6th, 2008 at 7:43 am

    so his point is that yon’ ‘Retail Investor’ is too stoopid to tie their shoes, but it’s, still, fine ‘n dandy for them to supply the font of the eternal bid(?)

    also, that ‘advice’ his was positing: ~a little fixed income, a little foreign markets, a little SPX–I bet that’s worked wonders for said peep..

    color me blanched, by being unimpressed..

  2. Jay Says:
    November 6th, 2008 at 11:13 am

    What is up with Paul’s hair?

  3. dj Says:
    November 7th, 2008 at 9:18 pm

    qid, sds, sso, eev is for sissies. Bring on the BGZ. I want more 4x, 5x, more, more, more. I will need it to pay a shrink for manic depression or some new fangled personality disorder I acquire.

    But seriously, when the markets become more tame, these may become more useful.

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