177: Sam Bankman-Fried – Leaving Wall Street, Entering Crypto Chaos
Chat With Traders
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How to Hedging Your Positions
Roxanne Jones: Just talk to me a little bit about how you are hedging and why there's the need to hedge, how you actually hedge. "We think of hedging as accomplishing two different goals": One goal is risk; the other goal is expected value," she says. The second way that we think about hedging is like, if we risk too much, we might endanger our firm's ability to continue operating"
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