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@nathanw @inthehands @mattia @dmarti This is something I quite like about Vanguard. They're not about these kinds of tricky derivatives.

Even so, I'm in for $5k TSLZ through Fidelity.

I lost $300 today.

In practice, I don't think it's incredibly effective. It indirectly funds short sellers, and once short sellers push a stock below its fundamentals, there's strong pressure for buyers to push the price back up.

But I think TSLA is way above its fundamentals. And I'm willing to make a point.