l*******z
发帖数: 108 | |
Y******u
发帖数: 1912 | 2 if u don't bet on direction or pick stock, what are u hedging for? pay round
trip transaction fee to get neutral? I think what you said it is arbitrage
(套利) not hedge (对冲) |
l*******z
发帖数: 108 | 3 请问你指的hedge是什么意思呢？笼统的说，买一个，卖一个，买便宜的，卖贵的？
赌方向，赌的是相对价值的方向，而非绝对价值？
round
arbitrage
【在 Y******u 的大作中提到】
: if u don't bet on direction or pick stock, what are u hedging for? pay round
: trip transaction fee to get neutral? I think what you said it is arbitrage
: (套利) not hedge (对冲)
|
f****i
发帖数: 201 | 4 A hedge fund is an investment fund that can undertake a wider range of
investment and trading activities than other funds, but which is generally
only open to certain types of investor specified by regulators. |
l***m
发帖数: 920 | 5 hedge fund名字有误导性，其实应该叫arbitrage fund或者speculation fund。 |
Y******u
发帖数: 1912 | 6 There are many kinds of hedge. The simplest one is to hedge out extra factor
you don't want in your portfolio
If you like AAPL, but don't want to expose to US direction, you can hedge
via SPY. If you don't want to expose to industry sector, you can hedge via
XLK. If you are Chinese investor and don't want USD exposure, you can buy
USD/CNY Put.
Or if you can do a long short strategy which long AAPL and short GOOG, if
you don't have confidence in overall market but believe AAPL gonna
outperform GOOG.
Probably AAPL is not a good example due to its heavy weight in different
index.
【在 l*******z 的大作中提到】
: 请问你指的hedge是什么意思呢？笼统的说，买一个，卖一个，买便宜的，卖贵的？
: 赌方向，赌的是相对价值的方向，而非绝对价值？
:
: round
: arbitrage
|
l*******z
发帖数: 108 | 7 在维基百科上找到一句好，觉得概括的很好
“ hedge fund strategies are generally said to fall into four main
categories: global macro, directional, event-driven, and relative value (
arbitrage).” |
