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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.
Everything s relative. The Chinese Yuan has performed spectaculary since early September, rising 1.55% since September 8. This is a huge move for this currency.
Here is an update on our straddles from last week, a paper gain of 16.67%:
It is illiquid though.
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