What is a Tail Hedge?
What is a Tail Hedge?
A tail hedge is product or process that protects against a tail event.
What is a tail event?
A tail event is very large and rare event that causes harm in a non linear way.
A tail hedge is product or process that protects against a tail event.
A tail event is very large and rare event that causes harm in a non linear way.
SeaFair ship on Biscayne Bay. Miami
Why can’t I get the song “Stuck in the Middle With You” by the band Stealers Wheel out of my head? I wasn’t even around when it was popular, and I don’t enjoy the rest of the band’s music, but it still hums in the back of my mind during the trading day. It has…
This is a link to my interview with Wall Street Journal Reporter and “Chaos Kings” author Scott Patterson. The Wall Street Journal The Wall Street Journal (WSJ) is a renowned American newspaper that primarily covers business and financial news. It was founded on July 8, 1889, by Charles Dow, Edward Jones, and Charles Bergstresser2. The…
In 2022, tail hedging with options and CTA will compete for returns.
Tiger Global Management, one of the largest and most successful hedge funds over the last decade, is in the news because of severe losses. Chase Coleman is a Tiger Cub, the name given to the protégés of Julian Robertson, the famous macro fund manager from the 1990s. Anyone who says the losses were unpredictable…