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53. Robert Mullin - Upstream Downstream
Mutiny Investing Podcast
How to Hedge Out and Neutralize Global Macro
The short book and the option book do is kind of addressing those current risks. And it's never going to be a clean dollar for dollar 100 delta kind of hedge. But if we can find ways where we can inexpensively express that or, you know, look, so if I'm trying to neutralize my falling oil book or my long energy book from falling oil prices, I can express that either inputs or put spreads in the energy in oil specifically. You know, there are probably some relatively inexpensive ways to express that.
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