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  • Market Not Risky Enough for You? Try These Two New Triple-Levered ETFs [View article]
    I can see why Vegas is having trouble.

    One thing I learned as a depression baby, you can't be put in bankruptcy unless you have debt. Three to one debt to equity is certainly fun but remember there is negative leverage as well as positive leverage. I even heard that they might be teaching the risks of negative leverage at Harvard, MIT, Wharton, Yale and Stanford.

    When students are taught that they can walk on water with and elite degree, a taste of reality should be in curriculum before they go into investment banking and crush pension fund investments.
    Nov 10 12:01 pm |Rating: 0 0 |Link to Comment
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