Toxic combo

In strong bull markets like the one we have been experiencing, a toxic combination inevitably emerges. Driven by greed, new "innovative" products are designed, blending speculation with leverage. When markets take a downturn, the resulting wealth destruction can be devastating for investors.

A clear example: over just three negative trading sessions leading up to the 25th, a leveraged ETF on MicroStrategy plummeted by 41% in three days.

At ECP, we adhere to a disciplined investment process and steer clear of these “financial weapons of mass destruction” — as Warren Buffett aptly calls them albeit in a different context.