If you peruse the Wikipedia entries that describe some of the world's great investors, you'll often find that they share a common footnote: a series of books entitled "The Market Wizards" which feature Jack Schwager's profiles of a number of … Read more
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Portfolio hedges don’t come cheap, but we shouldn’t confuse those costs with the vehicles that make hedging possible. Volatility has been written about as an asset class at least since the early 2000s, but not until VIX futures and exchange-traded products … Read more
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