Photo via the old Delphi Automotive (which was acquired years later by BorgWarner).
(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.
Current Positions
Getting Crushed
Rights and Wrongs
Well, we survived the day, more or less. And that, my friends, is the LAST scheduled event of any importance until next year. So we’re basically in the pure psychology zone. No economic news. No earnings. Just…………feelings.
I thought it would be valuable, for you and me both (but probably me most of all) to reflect on the day’s events and sort of where my head is at on the market. I’ll commence the reflection with this chart of the ES futures:
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.
(more…)
