COVID testing in a parking garage in Miami on Tuesday (photo via Jordan Levin).
(more…)Slope of Hope Blog Posts
Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.
Time To Buy Tesla
Getting Crushed
Heat Wave’s Been Fakin’ Me Out
Protecting Against Unlikely Outcomes
The Point Of Hedging
The point of hedging is to protect against unlikely, adverse outcomes. In general, you buy a stock because you think it’s going to go up; you hedge in case you are wrong. Sometimes an example from outside of investing can be useful to illustrate the principle. Here’s one from Saturday’s UFC 269 mixed martial arts event.
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