David Baskin
Volatility S&P 500
VIX-US
DON'T BUY
Jun 12, 2018
There is a role for VIX in the portfolio of sophisticated investors, as a hedger of portfolio risks. However, he thinks that buying the VIX as a speculative instrument is like going to a casino and making bets whose outcome will be determined by luck.
There is a role for VIX in the portfolio of sophisticated investors, as a hedger of portfolio risks. However, he thinks that buying the VIX as a speculative instrument is like going to a casino and making bets whose outcome will be determined by luck.