How It Started

At first, all I wanted to know was the answer to the question “does it ever make sense to hedge?” After mulling it over for a little while, this is the answer I worked out. Some may think it’s just “old wine in a new bottle.” But, if that were true, wouldn’t everyone know these answers already? Originally published in the TwoPlusTwo magazine, this is the article I wrote to try and explain my results. I have learned a lot since then, and in time I will share it all with you.

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