To Hedge or not to Hedge
A thoughtful reader asked: “Why would anyone hedge an investment? If they’re not happy with the risk, shouldn’t they just bail?”
We all hedge our bets in life. In the broadest of terms…
Ned's Notes Hedge or Punt?
Hedge or Punt?
Recent News
Not Your Grandfather’s Inflation
'The goal is inflation exceeds the 2% mark and stays there for some time.' proclaimed Federal Reserve Chairman Jerome "Jay"… Read more
The Drill Is Gone Exxon: From Blue Chip Back to Dinosaur? Apple Slices itself into Smaller Pieces Oil and gas giant… Read more
But Some Do Incredibly Well In a series of studies Professor Hendrik Bessembinder of Arizona State University has looked at… Read more
Anomaly or Trend? Long term US Treasury bonds, meaning those with 20 or more years until maturity, have turned in… Read more
Money Laundering Has a New Meaning
Cash is literally too dirty for the modern world One way businesses and governments are fighting against the spread of… Read more
Ned’s Notes: Is Hindsight 2020?
Don't Mind the Recent Past But always watch the Fed Although most barely noticed, 2019 was a remarkably good year for… Read more
Ned’s Notes: What are Zero Commissions Costing You?
A skeptical NN reader recently inquired whether the recent move by Schwab and other discount brokerages to go to zero… Read more
Ned’s Notes: Cosmological Investing
Investment Black Holes Don't let a Supernova take out your portfolio When the Hong King Stock Exchange closed for business… Read more
Famous for Being Wrong Is Technology Really Inflation's Kryptonite? The above is a now infamous BusinessWeek magazine cover from August 1979. While stocks… Read more
Inverted Yield Curve Mania Strikes Again! Three Reasons to Take it in Stride (NOTE: This is a partial repeat of an earlier… Read more