Yes it’s Sunday and it’s going to be busy day for me of celebrations… but something stuck to me in conversations with lady friends who are in government and business who knows I am investing / trading for a living and was excitedly asking / talking to me about the “Prada Fund”… well, who wouldn’t be interested?!
But I did a little digging and found that it had actually closed. Sad.
The official name by the way is Claymore/Robb Report Global Luxury ETF (NYSEArca: ROB)
Here are the the articles I found:
http://www.etf.com/sections/blog/8098-the-sad-end-of-the-luxury-etf-rob.html
http://www.thinkadvisor.com/2007/10/01/the-prada-coach-etf
Nonetheless, I note it closed in 2010 and well, I think there is a good chance that it could (and should!) be revived, noting that in 2010 the world is still teetering in recession, but things are looking a little better now in 2014 don’t you think?
Anyway, maybe it is wishful thinking hahaha But it sure is a good idea investing on what people willingly spend (big) money on.
Here a few videos I’d like to share with you, as I haven’t got much time I’m saving it here and commenting on them later.
Alibaba, Warren Buffett’s Verizon stake surely catching my attention. Till next!
