提醒:ETF FAIL: Understanding Time/Volatility Decay in Short and Leveraged ETFS 2011年04月09日

来自: Abstract Dynamics
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提醒:Abstract Dynamics
【标题】ETF FAIL: Understanding Time/Volatility Decay in Short and Leveraged ETFS
【摘要】There is a crack epidemic on the stock market. It trades by a variety of street names, FAZ, FAS, SRS, TZA & QID being just a few. Like crack cocaine these vehicles promise fast and stunning highs, one small hit can take you to the top. Occasionally they even succeed, but like crack cocaine these vehicles are doomed to collapse, each successive hit providing ever diminishing returns, lower lows that an addict believes they can only escape from via another hit. Unlike crack there is nothing illeg... (04-09 13:33)
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