Let's rethink this for a moment, or - at least - sharpen the loss figure a bit.
Slim's loss funtion: min{-max(K-BrentPRICE, 0) + ~$5B, ~$5B}
"Hedges?!?! No necemos 'stinkin hedges'!!"
Wednesday, August 17, 2011
South-of-the-Border Skew
Risk.net reports that Mexico Carlos Slim has been a dominant driver of Brent crude's recent put skew. After the recent global equity market schism, reports surfaced that Carlso Slim had shaved over $5B in personal wealth from his portfolio.
Let's rethink this for a moment, or - at least - sharpen the loss figure a bit.
Slim's loss funtion: min{-max(K-BrentPRICE, 0) + ~$5B, ~$5B}
Let's rethink this for a moment, or - at least - sharpen the loss figure a bit.
Slim's loss funtion: min{-max(K-BrentPRICE, 0) + ~$5B, ~$5B}
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment