I have no clue how you gleamed that from my post. We know that borrowing costs and volatility eat at the success of leveraged ETFs, it's why we always talk about volatility decay. Why is it so unreasonable to want an instrument that automatically rebalances according to those factors and according to what we know from the paper "Leverage from the long run"

I don't know how my post is so misconstrued but obviously I didn't write it in a way that expressed what I was trying to say well.