True there are good investments out there in the market, but TEE...

True there are good investments out there in the market, but TEE adds diversification benefits through high volatility and low correlation to the rest of the market, therefore adding the opportunity of a higher expected return for minimal effect on an overall portfolio.

Stocks with high volatility and low correlation can actually reduce portfolio risk, and increase expected return. - It all depends how much of your portfolio is invested in specualtive lowly correlated stocks compared to your other asset allocations.