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Vol Laundering and the Portrait of a Perfect Hedge

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Manage episode 428573402 series 2516749
Content provided by Dean Curnutt. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Dean Curnutt or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.

If smoothing returns is the feature not bug of private equity and credit, what strategy fully embraces the virtue of honest mark to market risk? What strategy highlights price shocks and the resulting level at which a portfolio could be unwound in a hurry as the basis of thinking about its efficacy? In this short podcast, I make the case that exposure to vol – to the anti-fragile - is going to be a part of this strategy. That is, long exposure to options-based insurance.
I hope you enjoy and find this useful. As always, I appreciate your feedback.

  continue reading

180 episoade

Artwork
iconDistribuie
 
Manage episode 428573402 series 2516749
Content provided by Dean Curnutt. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Dean Curnutt or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.

If smoothing returns is the feature not bug of private equity and credit, what strategy fully embraces the virtue of honest mark to market risk? What strategy highlights price shocks and the resulting level at which a portfolio could be unwound in a hurry as the basis of thinking about its efficacy? In this short podcast, I make the case that exposure to vol – to the anti-fragile - is going to be a part of this strategy. That is, long exposure to options-based insurance.
I hope you enjoy and find this useful. As always, I appreciate your feedback.

  continue reading

180 episoade

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