Thursday, November 19, 2009

Is It Possible To Invent An Investment Product Too Stupid To Find Buyers?

Is It Possible To Invent An Investment Product Too Stupid To Find Buyers?:
"Last Friday, he posted a satirical article called First 100x Leveraged ETFs. It made fun of the trend toward higher leverage among ETF products....he was deluged with emails. Many people got the joke. But a full 65% expressed interest in some form or another in owning SOAR and SINK."
mmm, Does any one else remember Sidd Finch?

2 comments:

MAC said...

Sidd Finch - Great Sports Illustrated article.

Charles said...

haha... I guess risk appetite is back