Mike Philbrick
Cambria Core Equity ETF
CCOR-N
PAST TOP PICK
Jan 29, 2019
(A Top Pick Nov 23/18, Down 1%) High quality US stocks including Starbucks and McDonald's. The US manager always has puts that he owns. When the market tanks, this ETF tanks, as it did last fall. This is the put protection kicking in. It protects you in a sudden crash.
Collects Warren Buffet-esque stocks. 80% of the ETF is invested. They use sell calls and buys puts to hedge the downside. They squeeze the volatility to ensure a portfolio doesn't suffer catastrophic losses.
(A Top Pick Nov 23/18, Up 4%) It contains well-funded blue chips, Buffet-esque. The portfolio overwrites some hedging strategies by buying puts and selling some calls with downside protection that will reduce risk.