3 ms·
you either haven't read the article or totally missed it's point (as several other commenters here)
by borism 16y ago
you either haven't read the article or totally missed it's point (as several other commenters here)
- cynicalkane 16y agoWe're trying to figure out if the article has a point at all. Saying "you missed the point" is not helpful.
- borism 16y agoNo, we're trying to figure out who has read it and got the point. If you fail see the point in the article and risks it uncovers, then there's nothing to discuss really...
- mattmaroon 16y agoThe point is a normal stock normally has shares equal to 1.x on the market due to short selling, and the x is low. An ETF can have shares equal to 12x. The fact that you can create shares is nice, but it still falls on the counterparty to be able to fund them, and as we saw in the recent meltdown that's not safe.