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These options contracts that void just hours after they're traded have taken the investing world by storm, so you better know what they are, how they're used and why they're so hot....SPY
Lawmakers wouldn't go for it. now i know there was a tweaking to it so it went to three years instead of one year. instead of getting rid of the loophole, it is there to a degree, it remains. who in congress wanted to keep it? >> so i don't know what gary is referring to, jake. find me a hedge fund that has holdings that last more than three years. they're trading vehicles. they're in and out. most investments are much less than a single year. there is no capital gains treatment, there is no lower tax rate for the vast majority of hedge funds. in fact, i'm not aware of any that have these long...