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Hedging Doesn't Have To Be A Drag: What We Can Learn From A Recent Run Of Extraordinary Returns

Hedging Doesn't Have To Be A Drag: What We Can Learn From A Recent Run Of Extraordinary Returns

套期保值不一定是拖累:我们可以从最近的非凡回报中学到什么
Benzinga ·  03/26 11:50
Hedging Isn't The Hard Part
套期保值不是最难的部分
After the Global Financial Crisis, I wanted a simple way to figure out how to hedge, so I worked with a financial engineering post-doc to develop Portfolio Armor's hedging algorithm. Just input the maximum drawdown you're willing to risk, and it shows you the least expensive way to hedge that level of risk.
在全球金融危机之后,我想要一种简单的方法来弄清楚如何进行对冲,所以我与一位金融工程博士后合作开发了Portfolio Armor的对冲算法。只需输入您愿意承担的最大亏损额,它就会向您显示对冲该风险水平的最便宜的方法。
The Hard Part Is Generating Good Returns
困难的部分是创造丰厚的回报
That seemed hard at the time, but in hindsight, it was the easy part. The hard part was generating good returns while hedging. You can see that for yourself at the...
当时这似乎很难,但事后看来,这是最容易的部分。困难的部分是在套...
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