• Breaking News

    Tuesday, December 1, 2020

    Home Unlabelled Value Investing Airbnb: The Disaster Artist

    Value Investing Airbnb: The Disaster Artist

    December 01, 2020

    Value Investing Airbnb: The Disaster Artist

    Airbnb: The Disaster Artist

    Posted: 30 Nov 2020 03:41 PM PST

    Stablecoins: Risks, Potential and Regulation

    Posted: 01 Dec 2020 03:33 AM PST

    Why is Apple’s M1 Chip So Fast

    Posted: 01 Dec 2020 01:59 AM PST

    Facebook - The Bear Case

    Posted: 30 Nov 2020 06:59 AM PST

    Hedging Strategies

    Posted: 30 Nov 2020 06:55 AM PST

    Have any fundamental analysts here been effective at putting on hedges over time? (Not interested in day trading perspectives...)

    My questions for you include:

    1. Do you stick to equity markets, such as put options on overvalued securities?

    2. If equity, how do you determine the expiration date and strike price(s)? Do you just use short term options, a few months out, or do you buy longer dated options for 1-2 years away? If longer term, do you have to stick to the indices? There doesn't seem to be much volume for individual names where you might want to bet on a 50% decline, but have to use 2022 because you don't know when the tide will go out.

    3. How do you think about hedges? Do you allocate a portion, maybe 1/4-1/2 percent as an annual cost, or do you just hedge when you have specific concerns in varying portfolio allocations?

    4. Have you ever taken hedges in currencies or interest rates? If so, what was the learning process like in terms of understanding the mechanics and putting on the correct bet. I'm a fundamental analyst and might have a view on some of these, or at least want to take on tail risk hedges, but have no experience executing trades like this. Can you take on trades that react to a specific interest rate instead of trying to calculate bond values at a particular date? (The further I move away from my circle of competence, the less I'll understand...

    Edit: To be clear, I'm looking less for general guidance and more for the technical aspects. I'm versed on the basics (CFA charter, work experience, etc.) and am not dealing with existential questions of whether one should hedge or not...

    submitted by /u/financiallyanal
    [link] [comments]

    Disclosure Considerations for China-Based Issuers

    Posted: 30 Nov 2020 11:01 AM PST
    Read more
    at

    No comments:

    Post a Comment