|
- UID
- 222326
- 帖子
- 285
- 主题
- 15
- 注册时间
- 2011-7-2
- 最后登录
- 2015-1-30
|
Shanghaiexpo re:#2 I am saying that when you hedge away market risk you have effectively monetized i.e. created synthetic cash, you should expect a risk free return from such a position.
Monetize = create synthetic cash = hedge away market risk = target/end beta is zero |
|
发表于 2011-7-11 20:08
|