Make Generational Wealth: Main St vs Wall St Recessions, Portfolio Math, Fed Watchers & Family Offices
Pirates of Finance
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The Importance of Timing Lock in Hedging
Dean Carnot: Maybe I wasn't paying close enough attention to what Roni was talking about. He said that a lot of these put spread strategies, right, that you are buying call it a 9580 put spread. You're selling the offsetting call that will make it a zero cost structure. That inherently brings your portfolio beta below one. So he says when you do that, yes, you are downside hedging. And actually that structure is short ball intrinsically.
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