Oscar Night: An ETF Opportunity? | ETF Trends

Have you filled out your ballot yet? Whether you’ve marked “Avatar,” “The Hurt Locker” as your pick for best picture, one thing is certain: a lot of gold is going to be given out and millions around the world will be watching. There’s got to be and exchange traded fund (ETF) play in there somewhere amid the glitz and glamour.

While marking your ballot for best actor, best actress and best costumes might be fun and games for you, picking a winner is no game for the Academy of Motion Picture Arts and Sciences. The organization will use a system – called preferential voting – that generates yearly complaints from statistician nerds and conspiracy theorists everywhere, reports Christy Grosz for The Los Angeles Times.

The film that earns the 2010 best picture Oscar will  take home the trophy after having earned a majority of No. 1 votes. And even if you couldn’t care less who wins or loses, Steve Martin and Alec Baldwin are sure to give us a few good laughs for the evening, as the host the 82nd annual awards show. [Watch the Leisure and Entertainment ETF.]

Which picture do you think will take home the gold? And just so you know, Oscar is not solid gold. The little guy is made of gold-plated britannium.

For more stories about leisure and entertainment, visit our leisure and entertainment category.

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The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.