AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
The Problem With Tail Risk Hedging
Universal is providing a structural service with portfolios to prevent blowups. The problem of tail risk hedging is that just like some back-to-the-street top pay finance was easy because he figured out the technical things. Very, very complicated and it required a lot of experience. There's no free lunch. This is our problem is that if you buy what we call the suckers, but you might go give your money to charities - there's another option which needs money.