• An investing legend who's nailed the bull market at every turn says betting on the VIX is a 'quick way to lose money'

    4 days ago - By Chron

    CNBC
    Betting against stock market volatility is one of the hottest trades in the market.
    It's also one of the most controversial, with many pundits viewing it as increasingly vulnerable to a market blowup.
    Legendary investor Laszlo Birinyi - who has nailed the eight-year bull market at every turn - is staying out of the fray completely. Having experienced considerable success simply trading on the benchmark S&P 500 index and evaluating stocks on an individual basis, the president of Birinyi Associates views the whole exercise as pointless.
    Read more ...

     

  • An investing legend who's nailed the bull market at every turn says betting on the VIX is a 'quick way to lose money'

    An investing legend who's nailed the bull market at every turn says betting on the VIX is a 'quick way to lose money'

    5 days ago - By Business Insider

    Betting against stock market volatility is one of the hottest trades in the market .
    It's also one of the most controversial, with many pundits viewing it as increasingly vulnerable to a market blowup.
    Legendary investor Laszlo Birinyi - who has nailed the eight-year bull market at every turn - is staying out of the fray completely. Having experienced considerable success simply trading on the benchmark S&P 500 index and evaluating stocks on an individual basis, the president of Birinyi Associates views the whole exercise as pointless.
    In an interview with Business Insider, Birinyi...
    Read more ...