Michael Green
speaker
318 appearances
3 recordings
1 series
first heard Dec 2025
last heard today
Michael Green’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsRecordings per month over the last 12 months — 3 in all, peaking in Sep 2026 with 1.
Appearances
If you run through the math on this, it is just a terrible way to invest.
At 3x leverage,
running the level of volatility we were experiencing in the semiconductor space as of April, May, you would need a return in excess of 170% a year in order to simply break even on the volatility harvesting.
To dollar cost average into something that has 170% breakeven,
is absolutely absurd, but again, a byproduct of the lack of education and candidly, the tools that we have put out into the marketplace with an objective to attract people to shiny objects as compared to thoughtful investment vehicles.
Well, again, it depends on how you use them, right?
So a hammer is a very dangerous tool if used improperly.
It is a very productive tool if used properly.
As volatility harvesting regimes and volatility harvesting tools, these can be used by professional investors to effectively short a realized volatility framework and create conditions under which profits can be generated by providing effectively the financing for those vehicles.
South Korea has already banned the levered ETFs.
They've now been forced to close their market multiple times over the past several weeks after and literally doubling the number of times it had been closed in a three-week period over its entire history since roughly 1990.
They've recognized that these products create almost no social utility.
In the United States, we are still trapped by market fundamentalism, and we see that in everything from Kevin Warsh's recent testimony at the Fed to the general view on regulatory frameworks within the United States.
Just let the market decide.
There's a very reason we don't do that.
There's a reason we now have labeling on drugs that tell us what the addictive contents of them are.
We now have labeling on food that tells us what the ingredient list is.
And the reason why is because we used to have the same general view.
Buyer beware, right?
You need to be responsible for yourself.
Showing 161–180 of 318 · page 9 of 16
← Previous
Next →