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No, this is a common misconception. If hedging was the point, futures markets would show more evidence of risk aversion than they do. Again, I recommend that Wi
by kqr 2y ago
No, this is a common misconception. If hedging was the point, futures markets would show more evidence of risk aversion than they do. Again, I recommend that Williams' book if you're curious!
- Marazan 2y agoThat's only because the markets have been opened up to non-producer/consumer participants.