this post was submitted on 13 Nov 2024
46 points (94.2% liked)

Ask Lemmy

27215 readers
1647 users here now

A Fediverse community for open-ended, thought provoking questions


Rules: (interactive)


1) Be nice and; have funDoxxing, trolling, sealioning, racism, and toxicity are not welcomed in AskLemmy. Remember what your mother said: if you can't say something nice, don't say anything at all. In addition, the site-wide Lemmy.world terms of service also apply here. Please familiarize yourself with them


2) All posts must end with a '?'This is sort of like Jeopardy. Please phrase all post titles in the form of a proper question ending with ?


3) No spamPlease do not flood the community with nonsense. Actual suspected spammers will be banned on site. No astroturfing.


4) NSFW is okay, within reasonJust remember to tag posts with either a content warning or a [NSFW] tag. Overtly sexual posts are not allowed, please direct them to either [email protected] or [email protected]. NSFW comments should be restricted to posts tagged [NSFW].


5) This is not a support community.
It is not a place for 'how do I?', type questions. If you have any questions regarding the site itself or would like to report a community, please direct them to Lemmy.world Support or email [email protected]. For other questions check our partnered communities list, or use the search function.


6) No US Politics.
Please don't post about current US Politics. If you need to do this, try [email protected] or [email protected]


Reminder: The terms of service apply here too.

Partnered Communities:

Tech Support

No Stupid Questions

You Should Know

Reddit

Jokes

Ask Ouija


Logo design credit goes to: tubbadu


founded 2 years ago
MODERATORS
46
submitted 1 month ago* (last edited 1 month ago) by cheese_greater to c/asklemmy
 

Someone turned 80k into like 1.2 million betting on Tesla calls or something and hedged with a Kamala win bet it was like 50k tesla/30k Kamala and they turned it into 1.2 million via Tesla somehow

Is it like

  • bet 1/2 on unlikely thing
  • bet 1/2 on likely thing
  • rely on gains on either side averaging out to at least ++
you are viewing a single comment's thread
view the rest of the comments
[–] cheese_greater 0 points 1 month ago* (last edited 1 month ago) (1 children)

Can you give me a really classic and rational/prototypical example or hedging? Like is it be stretegically cynical/ Thinking in Bets?

[–] [email protected] 7 points 1 month ago (1 children)

The classic non-stock example is the apple farmer. Apple trees take a long time to grow, years before they produce any significant amount of apples.

Suppose I plant an orchard of the new Awesome Amy Apple trees. I'm betting those will really take off in two years, so they'll be really profitable. But since these apples are my entire income, and I'd rather not eat an entirely apple-based diet by then, I'm going to hedge my investment. I'm giving up some profit to reduce my risks.

I'm making a contract to sell half my apples for, say, 20 dollars per bucket. Now, they might be worth 40, but they might also be completely worthless if the Perfect Pete Apple becomes more popular. So I'm giving up some potential profit in exchange for certainty by hedging.

Another type of hedge would be me planting 75% Awesome Amy, and 25% Perfect Pete. I'm still assuming the alliteration will win the day, but by spreading my investment around, I'm reducing my risk.

To translate this to the stock market, the first examples would be to buy options for the future. The second example is simply spreading your investments.

[–] [email protected] 2 points 1 month ago (1 children)

Me reading this like "Noooo, if you plant Awesome Amy Apples you won't get Awesome Amy Apples, you have to graft Awesome Amy Apples branches onto existing apple trees to get Awesome Amy Apples!"

[–] [email protected] 1 points 1 month ago (1 children)

Does it at least take a long time, thereby not entirely ruining my analogy?

[–] [email protected] 1 points 1 month ago

It doesn't ruin the analogy at all because you'd still need to plant apple trees to make an orchard! It's just that apples aren't true to seed so apple trees you plant give nasty apples. It's more of a fun fact about apples lol.