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This Guy Had A Great Year Betting Against A Favorite Tool Of Mom-And-Pop Investors

TedTed
edited January 2016 in Fund Discussions
FYI: (This is a follow-up article)
The Michigan-native is betting against one of the most popular investment vehicles for mom-and-pop investors: exchange-traded funds. The bets have paid off, turning Miller’s little known Catalyst Mutual Funds into one of Wall Street’s most successful players in 2015.
Regards,
Ted
https://www.washingtonpost.com/news/get-there/wp/2015/12/31/this-guy-had-a-great-year-betting-against-a-favorite-tool-of-mom-and-pop-investors/

M* Snapshot MCXAX: http://www.morningstar.com/funds/XNAS/MCXAX/quote.html

Comments

  • I think the headline distorts as I certainly hope mom and pop are not investing in leveraged ETFs and I think they are not (mostly)
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