SPY, GLD and the Riddle of the Crowded Trade
- Joshua M Brown
- February 17th, 2013
Chris Kimble lobs a molotov cocktail at the gold crowd with this one - a look at crowded ETF trades in first SPY and then GLD.
Of course, this is more fun than science, but still interesting to think about:
(click to embiggen!)
Source:
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The Reformed Broker is a blog about financial markets and the economy. Joshua Brown is a New York City-based investment advisor for high net worth individuals, charitable foundations, retirement plans and corporations... More. -
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