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Olivia.W🌸 · 2024年04月22日

喜欢高风险不是hedger?

NO.PZ2023040301000003

问题如下:

James Beach is young and has substantial wealth. A significant proportion of his stock portfolio consists of emerging market stocks that offer relatively high expected returns at the cost of relatively high risk. Beach believes that investment in emerging market stocks is appropriate for him given his ability and willingness to take risk. Which of the following labels most appropriately describes Beach?

选项:

A.

Hedger

B.

Investor

C.

Information-motivated trader

解释:

Beach is an investor. He is simply investing in risky assets consistent with his level of risk aversion. Beach is not hedging any existing risk or using information to identify and trade mispriced securities. Therefore, he is not a hedger or an information motivated trader

喜欢高风险不是hedger?

1 个答案

王园圆_品职助教 · 2024年04月22日

同学你好,不是

请看以下原版书截图hedger的定义和说明

hadger是害怕风险想要把风险对冲掉的人,就像老师上课举例的,农民害怕自己中的大豆价格下跌,才会买一个大豆的看跌期货来对冲风险——而不是为了去追求更高风险获得更高收益的那类人

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