In recent times, the performance of the stock exchanges has been very erratic. As a result, it has become increasingly difficult to realise profits through investment in stocks. To be flexible, private investors need an investment vehicle which participates in both bullish and bearish markets. For many people, an “Option Warrant” is the only answer to this dilemma. But is this really the appropriate instrument for every situation? What about Turbo Certificates? More transparent? Higher leverage? Or maybe just another product that confuses private investors? This book provides an answer - Option Warrants or Turbo Certificates! It shows the different features of the instruments, presents the “pros and cons” and finally gives advice on how and when to use the appropriate investment vehicle.