Animal Spirits Podcast cover image

Animal Spirits Podcast

Talk Your Book: Diversifying Away From the Magnificent 7

Apr 15, 2024
Ed Egilinsky, Direxion's Managing Director, discusses leveraging in investments, diversifying from large-cap tech, holding leveraged products, and more. The podcast explores market flows, risks of leveraged products, psychological bias in funds, surprising fund assets, and geopolitical impacts on commodities.
39:01

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • Leveraged ETFs should be monitored daily for compounding effects and market trends.
  • Investor sentiments are reflected in ETF flows, emphasizing biases towards certain sectors and trends.

Deep dives

Discussion on Leveraged ETFs

The episode delves into the debate on leveraging ETFs for long-term investments. It addresses listeners' queries about using leveraged S&P 500 or NASDAQ 100 ETFs for extended periods despite potential risks. Ed Eggolinsky highlights the compounding effect and short-term nature of leveraging, advising daily monitoring due to underlying index trends.

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode