April 18, 2010

How to Play the Bubbles Like the Pros (WSJ)

sun04186lede2Alguns pontos interessantes na reportagem de hoje WSJ.COM sobre bolhas especulativas.
How can investors deal with the new environment?
Analysts offer a range of suggestions, including dropping buy-and-hold strategies, holding more cash and purchasing a range of downside protection, such as options and so-called inverse exchange-traded funds.

"One of the lessons from 2008 is that buy and hold is a much riskier proposition," says Jack Ablin, chief investment officer of Harris Private Bank.