via Dilbert

Category: Derivatives, Humor

Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.

3 Responses to “Complicated Hedging Strategy Even We Don’t Understand”

  1. farmera1 says:

    “We plan to waste it on complicated hedging strategies that even we don’t understand.”

    I propose adding to the above caption:

    We plan to waste it on complicated hedging strategies that even we don’t understand. But these strategies make us (as long as us is defined as upper management) obscenely rich. If we are lucky the hedging won’t blow up until after we’re gone. Everyone wins as long as no one lives too long. Great plan, eh.

  2. farmera1 says:

    Speaking of strategies, Jamie D. attempts to answer questions about his banks loss at a news conference. His two billion is losses as he previously announced is now close to six billion. Not to worry it’s not his fault. Some bad people hid the truth from him.

    http://www.businessinsider.com/hardest-question-on-jp-morgan-conference-call-2012-7

    The actual losses will be somewhere between two billion and infinity. Infinity losses aren’t so bad as long as you have a dollar printing machine behind you. No worries mate. Jamie is getting obscenely rich.