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English is not my mother tongue and I had never encountered the expression "to hedge one's bet" so I "skipped" over it without noticing and the next sentence re
by herogreen 8y ago
English is not my mother tongue and I had never encountered the expression "to hedge one's bet" so I "skipped" over it without noticing and the next sentence read like HAMR and MAMR were reversed by mistake. Funny.
- riskneutral 8y agohttps://dictionary.cambridge.org/dictionary/english/hedge-your-bets https://dictionary.cambridge.org/dictionary/english/hedge-yo...
- davnicwil 8y agoJust for interest - probably somewhere you've heard this before perhaps without realising is "hedge fund" in finance - the name coming from the strategy of hedging literal bets with money on markets in such a way as to try to manipulate odds in your favour (oversimplification probably, I'm not an expert).
- nostrebored 8y agoHedging has more to do with minimization of risks (and correspondingly reliability of expected outcome) in finance as well