The top 100 stock
market authors
selected for publication
market authors
selected for publication
Prudent Man CFA
»
Comments
» BGZ
You are currently following Prudent Man CFA
Stop FollowingYou are no longer following Prudent Man CFA
-
1489
)
Market Not Risky Enough for You? Try These Two New Triple-Levered ETFs [View article]
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.