There is absolutely no reason why leveraged and inverse investment funds should be removed from any individuals investment strategies.
I have been using them for decades, with some success and with some failure. But just as individuals with bad driving records are allowed to drive (and possibly harm others or themselves) those with less than perfect investment records should be allowed to invest. When I hear "I am from the government and I am here to help you" I worry. And I am worrying now!
Jerry Miller Comment On Regulatory Notice 22-08
There is absolutely no reason why leveraged and inverse investment funds should be removed from any individuals investment strategies.
I have been using them for decades, with some success and with some failure. But just as individuals with bad driving records are allowed to drive (and possibly harm others or themselves) those with less than perfect investment records should be allowed to invest. When I hear "I am from the government and I am here to help you" I worry. And I am worrying now!