Short post as I have to head to Phoenix for a meeting.I found an article at Seeking Alpha titled Three ETFs to Play Amazon While Remaining Diversified. In the article the author notes three ETFs that are apparently heavy in Amazon. I'm all for diversification but if you want to capture something going on at a particular company why the hell wouldn't you just buy the stock?
The idea of doing enough research to conclude you want in on the action and then going with an ETF in its place seems beyond upside down to me. ETFs are useful for all sorts of exposures and strategies but not as proxies for a stock that comprises some portion of a fund.
2 comments:
Hi Roger. I see that a Norwegian etf (NORW) is to begin trading tomorrow.
nice detective work, thanks for letting me know
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