Video: Noel Smith on Lead-Lag Report

Noel Smith and and Michael A. Gayed cover a lot of material including variance, dispersion, options, proprietary trading, hedge funds, interest rates and the August 5th VIX rip.

Convex Asset Management LLC emphasizes that investing in futures, options, and other derivatives involves substantial risk and is not suitable for all investors. There is a possibility that you may sustain a significant loss, including a complete loss of your investment capital. Past performance is not necessarily indicative of future results. Investing involves risks, and any investment strategy carries the risk of loss. Before investing, carefully consider your financial objectives, level of experience, and risk tolerance. You should only invest funds that you can afford to lose and seek independent financial advice if you have any concerns or questions.