Michael Auerbach wants retail investors to try exchange-traded funds, pushing them to eschew the riskiness of trading in individual names and embrace the idea of getting access and exposure to a basket of names at once.
And to prove that ETFs are viable for investors who want to play the market with purpose, Auerbach’s Subversive Capital has launched the Subversive Metaverse ETF PUNK,
In fact, Auerbach and his team are shorting Meta while going all-in on everything else Metaverse via holding shares in companies like Nvidia NVDA,
But why?
Well, we asked Auerbach face-to-face on the latest episode of MemeMarkets.
