It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness, it was the epoch of belief, it was the epoch of incredulity, it was the season of Light, it was the season of Darkness, it was the spring of hope, it was the winter of despair, we had everything before us, we had nothing before us, we were all going direct to heaven, we were all going direct the other way - in short, the period was so far like the present period, that some of its noisiest authorities insisted on its being received, for good or for evil, in the superlative degree of comparison only.
Charles Dickens, A Tale of Two Cities
EXCHANGE-TRADED FUND $GLD DECONSTRUCTED
Fundamentally I take no issue with the rise of the ETF. I find myself trading ETF vehicles more and more; and in turn I have seen a boon in my investment returns. There is no question that the ETF to a degree, has changed the way the Wall Street Game is played. Darwinism for Traders teaches us that it is the "ability to adapt to change" which is key to survival.