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The Rational Reminder Podcast
The Rational Reminder Podcast

Episode 397: Hendrik Bessembinder - Constant Leverage & Measuring Investor Outcomes

Feb 19, 2026 · 01:05:56
AI Summary
  • Hank Bessembinder on leveraged ETFs and volatility decay.
  • Analyzing performance measurement and rebalancing effects.
  • Single-stock leveraged ETFs show meaningful underperformance.

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