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I hedged my portfolio in January. You didn’t need a declaration of pandemic by the WHO to see the risk — that’s a trailing indicator. I exited my initial hedges
by jandrewrogers 5y ago
I hedged my portfolio in January. You didn’t need a declaration of pandemic by the WHO to see the risk — that’s a trailing indicator. I exited my initial hedges in mid-March.
Which isn’t to defend or justify insider trading by Congress. There were intelligence analysis reports floating around Washington DC in 2019, so it was a known risk. But you didn’t need to be a beltway insider to see that possibility when insuring against that risk was very cheap.