A recent CFA Institute article debates the case for equities as an inflation hedge. “Since operating businesses can increase their prices at will, the theory holds, they can mitigate the…
Tag: Hedge
Bill Ackman is Hedging the Pandemic Again
After turning $27 million into $2.6 billion earlier this year by hedging against the pandemic, billionaire investor Bill Ackman placed a similar (although somewhat smaller) bet in early November after…
CalPERS’ Untimely Tail-Hedge Unwind: The Inside Story
After “cutting its crash-hedging program as part of a cost-curtailment effort and because of a lack of understanding of how tail hedges work,” the California Public Employees’ Retirement System (CalPERS)…
Copper Better Hedge than Gold
While gold has been the popular inflation hedge over the past ten years, copper was a better bet according to a recent Bloomberg article. “While data show that broad community…