I know that for most investors leveraged and inverse leveraged funds are a bad thing. But I *am* capable of understanding the associated risks. They give investors the chance to make investments which would otherwise be impossible.
Having perceived that interest rates have been *way* too low and that they would almost certainly reverting to mean, I invested money in TBT ( ProShares UltraShort 20+ Year Treasury ETF ). It's up 50% since the beginning of this year. Now you're telling me that I shouldn't be allowed to perceive such imbalances.
Please do not NOT try to be my guardian angel, saving me from my ignorance! That's just hubris....
Gerald Specht Comment On Regulatory Notice 22-08
I know that for most investors leveraged and inverse leveraged funds are a bad thing. But I *am* capable of understanding the associated risks. They give investors the chance to make investments which would otherwise be impossible.
Having perceived that interest rates have been *way* too low and that they would almost certainly reverting to mean, I invested money in TBT ( ProShares UltraShort 20+ Year Treasury ETF ). It's up 50% since the beginning of this year. Now you're telling me that I shouldn't be allowed to perceive such imbalances.
Please do not NOT try to be my guardian angel, saving me from my ignorance! That's just hubris....