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The ‘Father Of ETFs’ Warns About The Dangers Of Leveraged Funds

TedTed
in The Bullpen
FYI: Jim Ross, known as one of the fathers of exchange-traded funds, says leveraged ETFs aren’t a viable long-term investment vehicle, and his company, State Street Global Advisors, will never sell them.
Regards,
Ted
https://www.bloomberg.com/news/articles/2018-04-29/the-father-of-etfs-warns-about-the-dangers-of-leveraged-funds?srnd=etfcenter
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