Edward Yu personal website

A collection of quotes implying hedging is bad

A collection of quotes, presented without comment, implying that we hedge too much and this is bad.

In fact, one year, Jeff Yass told us not to hedge. Felt mildly sick not hedging ever, but Fearless Leader is always based, logical and correct.

@moreproteinbars

-EV hedges have never been my speed.

@AlamedaTrabucco

I don’t really like hedging.

Stanley Druckenmiller

or do the arb but just trade the good leg

Robot James

Many financial disasters can be traced to people who thought they were hedging.

Aaron Brown

market makers like SIG and Jane Street who hold risk make a lot more money than market makers who do not hold risk

@DeepDishEnjoyer