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Guest commentary: Hedging financial risks — better to be safe than sorry on … – Detroit Free Press


New York Times

Guest commentary: Hedging financial risks — better to be safe than sorry on
Detroit Free Press
By John Pottow A hedge is like insurance: You buy it to protect against something bad. You do not — or should not — buy it to make money. Let's say you run an airline, and one of your largest operating costs is fuel. You might prepay at a flat price
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