Hedging Quotes

So, in a way I was hedging and saying that if the Olympic stuff doesn't work out at least I can be a lawyer. (Frank Shorter)
Ben's Mr. Market allegory may seem out-of-date in today's investment world, in which most professionals and academicians talk of efficient markets, dynamic hedging and betas. Their interest in such matters is understandable, since techniques shrouded in mystery clearly have value to the purveyor of investment advice. After all, what witch doctor has ever achieved fame and fortune by simply advising "Take two aspirins?" View quote
Warren Buffett
The empirical successes of [the three-factor model] suggest that it is an equilibrium pricing model, a three-factor version of Merton's (1973) intertemporal CAPM (ICAPM) or Ross's (1976) arbitrage pricing theory (APT). In this view, SMB and HML mimic combinations of two underlying risk factors or state variables of special hedging concern to investors. View quote
Eugene Fama
If the guy out in the woods with the Michigan Militia is a real estate negotiator, instead of some crackpot, and has a normal life, that's unnerving. You don't want to think it's as normal as the guy next door, hedging his lawn. It's easier to demonize or separate them off from 'us.' View quote
Michael Moore
His indivisibility judges their hedging and trimming. His honesty judges their watchfulness. View quote
Martin Amis
Many financial disasters can be traced to people who thought they were hedging. View quote
Aaron C. Brown