Stinson Dean - Talking Lumber
The Business Brew
00:00
How to Avoid a Bad Trading Decision Because of Liquidity Constraints
As a basis trader who's hedging everything, i don't mind future losses. We're constantly obsessing over what if? Where's the breaking point? And let's spend money on call options out of the money to cover offa we just call it liquidity risk. I see that the mill level, i'm guessing they're not built. Their financial model and their infestructure shos not built,. The store lumber and everything i've said about my business is about storing lumber where no one else will. Is just risky to hold lumber for 90 days. That's a perfectly fine model, but i enjoy fishing. S i just don't carry it cose that is risky and
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