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Black Swan


Just in case, I'm not making light of your inquiries. Understanding your investments is a basic principle. When one tries to hedge a thin tail without understanding how, look at the fat tail one is exposing oneself to. It's self-defeating. IMO, hedging gets to the point of betting all the numbers on a roulette wheel, to be sure you "can't lose." Try re-reading on puts and calls, it really is not as complicated as algebra. Movement is either up or down.
Reply to
Kim Kiesgen

on 8/5/10 6:38 PM Kim Kiesgen said the following:
But is the BS you are looking at the whole bird?
Reply to
Yadda

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