HEDGED.BIZ

A look at economics, markets, finance and the irrational human being

Free Markets, Capitalism and Inequality

Economic growth depends fundamentally on labour, resources, and knowledge. Labour and natural resources are exhaustible and face hard physical limits, whereas knowledge is not only inexhaustible but also scalable — it can be replicated and applied at near-zero marginal cost. Because of this asymmetry, owners of labour and resources are inherently constrained: each individual has
Read more
No Comments

Purpose

What purpose is clearer than that of survivalWhat drives us harder than hungerOr motivates us more than fear or angerPerhaps romantic love or compassionMight dominate guilt or attachment But I haven’t seen more devotionThan avarice, greed or a potionOf honey or manna or goldThat witnessed a principle sold I’ve seen glory and wealthEroded and corroded
Read more
No Comments

Why We Have Finite Lifespans

If we invented AI androids and we wanted to deploy them effectively, what safeguards might we consider? Say such androids were designed to the jobs and tasks we didn’t, because they were unpleasant or dangerous, but that their effectiveness made them a potential danger to us, their creators. How would we mitigate the risks that
Read more
No Comments

Ten Seconds Into The Future 2025 06

Where we are: Where are we headed? What does this imply? Navigating markets: Some themes will play out over decades. However, they are path dependent and initial or near term conditions will impact trajectories. Artificial intelligence. The quest for AGI is unlikely to be successful, however, tangential development will be sufficient to drive a lot
Read more
No Comments

Long short, hedging and market neutrality under unruly markets

In times of unruly markets, even long short, hedged or market neutral portfolios can behave in unexpected ways. This may be because of factor biases or technical reasons. Factor biases are the most obvious reason for unexpected behaviour. If you’re net long or short a sector, size, valuation, country, or cyclical v defensive factor, your
Read more
No Comments
TOP

DISCLAIMER / DISCLOSURE

The information, articles and content on www.hedged.biz are written by an industry professional who is currently in the investment industry working for a professional institution. By viewing or participating in discussion on this site, you understand that the opinions expressed here do not reflect the opinions or recommendations of such professional institution but is the author’s personal opinion.

 

The information in this site is believed to be reliable, however, no representation is made that it is complete or reliable. No reliance may be placed for any purpose on the information and opinions contained in this site and no representation, warranty or undertaking, express or implied, is given as to the accuracy or completeness of the information or opinions contained here.

 

Neither the information nor any opinion expressed constitutes a solicitation for the purchase or sale of any security or other instrument. Before investing, consider your investment objectives, risks, fees and expenses. Any purchase or sale activity in any securities instrument should be based upon your own analysis and conclusions. Past performance is not indicative of future results