Posts filed under “Index/ETFs”
When we made our buy ‘em call on October 10th, we wanted to avoid single stock risk. And, we wanted to have prudent exposure, while still maintaining some cash levels. Our solution was to deploy enough cash into 2 to 1 leveraged funds on the S&P (SSO) and the Nasdaq 100 (QLD) so that our…Read More
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.
When Exchange Funds Go Bad
Yahoo Tech Ticker Nov 05, 2008 02:00pm
No wonder Wired wrote:
That said, your blog will still draw the Net’s lowest form of life: The insult commenter. Pour your heart out in a post, and some anonymous troll named r0rschach or foohack is sure to scribble beneath it, “Lame. Why don’t you just suck McCain’s ass.” That’s why Calacanis has retreated to a private mailing list. He can talk to his fans directly, without having to suffer idiotic retorts from anonymous Jason-haters.