This article came to me from member Drew and I think it's a name you need on your watch list. Volume is great and who doesn't love 4x the SPX. Read on........
A recent article asked the following questions,
1. If you could only own one company in your portfolio, which would it be? Why?
2. If you had $25,000 to invest today on one company and you planned to hold it for 10 years or more, which company would you buy? Why?
For years, my #1 favorite stock in the world has been the Credit Suisse AG - VelocityShares Daily Inverse VIX Short-Term ETN (NASDAQ:XIV). It has returned almost four times the S&P 500 (NYSEARCA:SPY) total returns.
It is my favorite stock in the world... or my favorite security trading on a stock exchange (since it is not, as many will be quick to point out, a stock. It is an exchange traded note).
Other than expected value, what factors impact your investing decisions?
I always ask that question in search of non-economic counterparties. In late 2012, I found that,