Black Swan ETF

Discussion in 'Trading' started by Maverick74, Jun 20, 2011.

  1. Maverick74


    Taleb Launching Black Swan ETF
    June 17th, 2011 by Mebane Faber

    From Forbes magazine:

    “In July Universa intends to tap the financial adviser market by offering its own black swan ETF. The fund will mimic some of the strategies employed by its institutional-only hedge fund and will have an expense ratio of 1.5%.”

    We considered launching a basket of puts as a tradeable ETF. I think investors would welcome the ability to buy (short) a basket of, say, 10-20% out of the money puts that rebalanced monthly without the headache of having to trade and monitor lots of options. Too many other good ideas ahead of it though.

    It will be interesting to see how they structure it regarding choice of markets as well as rebalancing decisions. I assume they mean filing in July as I don’t see it listed at the SEC but I do know that they will not be using the ticker SWAN…
  2. Looser`s Paradise
  3. Snakeoil, they bill use the ticker BS, lol.
  4. What about LEH?
  5. badi


    I think this goes hand in hand with Taleb promoting his new concept called Anti-Fragility, an anti fragile system is one that benefits from shocks, like Taleb's portfolio.