Quotes About Hedging

Briefly speaking, our conclusion is that stochastic volatility does not make a huge difference as far as the pricing is concerned if you get the average volatility right. It makes a big difference as far as hedging is concerned.

Oil futures were originally created to give heating oil dealers, gas retailers, aviation companies and other businesses a method of hedging against adverse price changes. Instead, they've become just another Wall Street plaything.

Samuelson, however, hedged his personal bets - by putting some of his own money in Berkshire Hathaway.

Mom had always taught all of us to examine decisions by reversibility—that is, to hedge our bets. When you couldn't decide between two things, she suggested you choose the one that allowed you to change course if necessary. Not the road less traveled but the road with the exit ramp.

I was hedging my bets with university. I always wanted to do music, it was just about waiting for the point when I could confidently say 'okay, I reckon there's enough momentum behind this thing to sustain myself.'

Cover the downside.

Control was just wishful thinking, and you controlled things to hedge your bets, to be safe, to guard against loss.

It's just I finally get what revolution means. It's maximum volatility with no hedging. And it's insider trading too! Because, since I know in advance you're going to default your people, I can buy put options up the wazoo before the IPPI goes down! It's totally illegal! I finally get why revolution is illegal.

Hedging is expensive and dilutes commitment.

When they are employed wisely, derivatives make the world simpler because they give their buyers an ability to manage and transfer risk.

People far too often associate derivatives markets with mere speculation, but there are very legitimate businesses that need derivatives to protect themselves against risk.

I view derivatives as time bombs, both for the parties that deal in them and the economic system.

Ultimately, in the long run we need to immunise our system from being overly responsive to fluctuations in the exchange rate; that is, people should, by and large, be reasonably hedged, or they should borrow more in domestic currency rather than foreign currency.

The Interborough issues are an example of a rather special group of situations in which analysis may reach more definite conclusions respecting intrinsic value than in the ordinary case. These situations may involve a liquidation or give rise to technical operations known as "arbitrage" or "hedging.

When salaries skyrocket, budgets skyrocket, and then rigor mortis sets in: moviemakers turn out formulaic junk in an effort to hedge their bets.

Every regulatory speech on derivatives takes a bow to their hedging 'benefits.' Less publicly, regulators pay their respects to derivative profits, a blessed relief from the banks' troubled loans to less-developed countries, highly leveraged companies, and real estate swingers.

We concluded that you cannot rely on delta hedging alone. It sounds simplistic to say that now, but back then, this was the sort of thing people were only just beginning to realize.

Is it better to go indie and make bigger profits on each book, or stick with a print publisher's 6%-10% royalties? Since I never could figure out what I wanted to do when I grew up, I'm hedging my bets and working both sides of the street.

So, in a way I was hedging and saying that if the Olympic stuff doesn't work out at least I can be a lawyer.

He doesn't believe the dead need our prayers, nor can they use them. But anyone who knows the Bible as he does, knows that our God is a capricious God, and there's no harm in hedging your bets.