Many Happy Returns cover image

Leverage: No margin for error

Many Happy Returns

00:00

Leverage Is a Good Thing, but You Never Lose More Than You Want to Invest

Leverage funds can leak return over a period of time. A five % gain and a five % loss don't get you back to where you started. But the good thing about these leverag tfs, as opposed to margin, is that you never lose more than you initially want to invest. The drawdown for leavered funds, three times daily levered, for example, would have been catastrophically bad.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app