Ideally, that should net out to an expensive market-neutral fund with 0% expected returns minus the management fees and transaction costs, the latter of which could be really high.
Russell Paradox violation.
The Russell 2000 Paradox
Halting problem.
Halting opportunity
Halting scheme
Now my wheels are just spinning over self-shorting funds.
Essentially what happened with Luna... sort of.
There are actually ETFs that contain themselves (or rather, ETF X is e.g. 10% ETF Y which is 10% ETF X. So long as the total amount of X owned per unit of X is less than 1 (in absolute value), the arithmetic mostly works out. Though I don’t know if any ETFs directly contain themselves.
How the hell is this guy not in jail
He’s serving someone’s, somewhere’s interest.
Who owns the channel he's on?
stack overflow seems more likely
i think it would just count as hedging against his own words