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Chuck Jaffe: This Fund Tries To Try To Be Buffett And Soros

TedTed
edited August 2014 in Fund Discussions
FYI: (Follow-Up Article)
The easiest way to “invest like a billionaire” would be to start with a billion dollars.
Since you don’t have that, your latest way to invest like the super-rich involves a new exchange-traded fund with an appealing methodology.
The question is whether it’s a gimmick or if it actually works.

Regards,
Ted
http://www.marketwatch.com/story/this-fund-tries-to-try-to-be-like-buffett-and-soros-the-ibillionaire-index-etf-2014-08-01/print?guid=5E5E681A-198A-11E4-AA86-00212803FAD6

Open Day Activity: http://www.marketwatch.com/investing/fund/ibln

Direxion Website: http://www.direxioninvestments.com/products/direxion-ibillionaire-index-etf

Comments

  • MarkMark
    IMHO if you want to invest like Buffett, then buy BRK. A or B. Screw all this other nonsense
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