ITW - The VIX To Rule Them All - And The 3 Value Stocks We Added In The Volatility
Investment Thesis
In the Lord of the Rings, we are reminded of the line "one ring to rule them all" as the plot focuses on a single ring that contains so much power that it is impossible for any individual (no matter how well-meaning) to possess. Although the Ring exists in an imaginary world, the same principles hold true in real life that some devices are more powerful than one would expect. This is where I make the case that the VIX index has been underestimated as a way of understanding many of the