Red Bull and Vodka Economy (guest: Harris Kupperman ‘Kuppy’)
The Market Huddle
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The Importance of Trend Following
"Most people that criticize put buying always model it in some quantitative way of just rolling the state of burning put at a certain strike," he says. "Anyone who does it properly will always be able to offer some meaningful hedge." The one thing I want to highlight about last year is, okay, we had three distinct market drops within on average of two months dropped on 15 to 20 percent on each leg of the decline," Lachman adds.
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