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Shocked that companies and mutual funds would invest OPM (Other People's Money) in high-risk investments, the Shocked Investor was originally on a mission to find out if our money ended up in these dubious instruments. This blog now also discusses other financial topics, such as straddles, options, gold, natural gas, agri/food stocks, and the collapse of the US Dollar.
On June 4 we posted a list of the top 20 stocks to short in the S&P500. Here is an update with the price then and the price at the end of the day June 15:
The average ROI of this strategy was +2.58%. In comparison, the SPY (S&P500 ETF) dropped 1.75% in the same period.
The list of top stocks to buy and short is updated here regularly.
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