/biz/ - Business & Finance

Anonymous Sat Jun 20 01:06:50 2020 No.19822879 [View]
File: 173 KB, 1536x361, 3C088952-EAC6-48B2-8B25-DFE34110EB37.jpg [View same] [iqdb] [saucenao] [google]

Wassup /smg/ negroes. So I'm reading a paper from some journal written in 2012 on trading volatility ETFs like VXX, TVIX, SVXY, shit like that. The punchline is this is before the infamous volpocalypse of 2018 where XIV dropped 90% or something overnight and was shutdown in the process rekting the FUCK out of a large cohort of retail traders who'd gone all in. One guy lost 4 million dollars *snap* just like that.
The final punchline is the pic related paragraph from this paper. Hint: never listen to academics and dyor

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