Post #8263 by tedthedog on the Berkshire Hathaway board

Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A) ❤

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Don't worry, be happy! Check out the five year chart for SVXY (about 1200 trading days, keying off Jim's turkey chart of 1000 days).
https://finance.yahoo.com/quote/SVXY/
37% CAGR and 29% maxdrawdown!

SVXY is a short vol fund, IOW it bets that volatility (technically, vol futures) will be low, as in "don't worry, be happy!".
Well, vol usually is low so that's usually a good bet.
Except when it isn't, check out the "All" chart that includes Feb 5 2018

To be quite clear: I'm joking. SVXY is a turkey.

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