Article by: Robert Huebscher
Published by: Advisor Perspectives
Date: 3 Feb 2009
“The concept of volatility as an asset class is the latest result of the never-ending quest to create products for consumption by the investor community. But while volatility might serve a useful purpose as a measure of investor sentiment, it is only a true asset class for the marketing purposes of Wall Street’s financial engineers.”
Full article (PDF): Link