Sturgeon’s law states “Ninety percent of everything is crap.” The saying came from the science fiction writer Theodore Sturgeon. Sturgeon came to the conclusion that even though science fiction was criticized at the time (1951) for its low quality it was true for all fields. The majority of work in all professions were also low …
What is a covered call ETF? A covered call ETF is actively-managed to buy a stock index or individual stocks to use to write out-of-the-money call options on. They systematically use the covered call-option writing process to create returns through both capital gains on the held assets along with option premium from short call options. …
The Golden Butterfly portfolio is constructed to perform at or above the same high return level of the stock market as a whole with less volatility over the long term. The Golden Butterfly combines the best dynamics of other equity and bond asset allocations into a steady and safe investment strategy for both capital preservation …
The $NYMO ticker is the McClellan Oscillator that is ratio adjusted for the end of the day. The McClellan Oscillator ($NYMO) is a technical market breadth indicator that is calculated based on the variance between the number of advancing and declining stocks on the New York Stock Exchange. This technical indicator is used to show …
Two popular and highly liquid Vanguard ETFs are ticker symbol VOO (S&P 500) and VTI (Total stock market). These are both stock market index exchange traded funds but perform differently. VOO invests in stocks that make up the S&P 500 Index. It holds around 500 of the largest U.S. companies. Its goal is to track …
The current Cathie Wood net worth in 2021 is approximately $400 million. Cathie Wood founded the ARK Investment Management, LLC which focuses solely on disruptive innovation and offers investment solutions to investors seeking long-term growth in the publicly traded markets. Wood created ARK in 2014 with the idea to package active stock portfolios in an …
The current Michael Burry net worth in 2021 is estimated to be approximately $300 million. Dr. Michael Burry is the legendary investor that runs the Scion Asset Management hedge fund that manages over $2 billion for 5 clients. He became famous through his inclusion in the best selling book “The Big Short” by author Michael …
Bill Ackman is ranked #1111 in 2021 on the Forbes Billionaire’s list with a $3.1 billion net worth. He was #391 on the Forbes 400 wealthiest list in 2020. Bill Ackman became a billionaire through operating the Pershing Square Capital Management hedge fund that he founded in 2004. He became famous in the financial world …
Melvin Capital Management is a hedge fund with seven clients and over $24.56 billion dollars in assets under management. Melvin Capital became famous in the trading world in early January 2021 as their GameStop short position combined with other short sellers resulted in more than 139% of Gamestop (GME) shares to be short at one …
Current Melvin Capital Portfolio 2021: Q2 Update Read More »
Ray Dalio founded Bridgewater Associates in 1975. He grew it into one of the world’s largest hedge funds by 2005. As of 2021 his hedge fund has over $223 billion in total assets under management. Ray Dalio is the 88th richest person in the world according to Forbes with a net worth of approximately $20.3 …
