It is often said that investors are born with a bullish bias and that bias must be unlearned through experience. No medical doctors or psychologists are behind the writing of this piece, but if they were, they would probably say there is a part of the human brain that enjoys rooting for good outcomes and against outcomes perceived as poor.
A simple explanation to be sure, but it sheds some light on why most investors and traders are “long only” and why, perhaps until just the past few years, short sellers were viewed as investing pariahs. This line of thinking has long applied to leveraged exchange-traded funds where “what goes down must go up” thinking has consistently led to more money going into leveraged bull funds over their bearish rivals.
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/www.benzinga.com/trading-ideas/long-ideas/16/05/7963945/an-etf-rarity-leveraged-bear-etfs-hauling-in-more-cash-than-b alt=An ETF Rarity: Leveraged Bear ETFs Hauling In More Cash Than Bull Rivals>Full story available on Benzinga.com
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