lukestein’s Twitter Archive—№ 2,665

@ATabarrok @ho_ben My sense was that management expenses, transaction costs of trades required to maintain leverage, tax inefficiency, etc. tended to make levered ETFs bad for long-term buy-and-hold investors. Caveat: I’m not at all up to date on research. q-group.org/wp-content/uploads/2014/01/Madhavan-LeverageETF.pdf