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Old 11-20-2007, 10:34 AM
Yoshi63 Yoshi63 is offline
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Join Date: Jan 2007
Posts: 668
Default Re: Ultrashort ETF: Good if Feeling Bearish?

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I would stay very far away from these investments.

First, stocks have a positive expectation (derived from the risk premium). Shorting an asset with a positive expectation is -EV.

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this is very poor reasoning.



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I know his reasoning can't be correct, but I don't see why. Can you explain further?
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