MG's 'Baby with the Bath Water'
International Treasurer, January 9, 1995
1 Pages Posted: 25 Jan 2013
Date Written: 1995
One important lesson from the Metallgesellschaft hedge loss is easily missed: the intellectual risk of having a hedging strategy understood by the hedge team alone.
Keywords: Steve Hanke, International Treasurer, MG, Metallgesellschaft, hedge loss, baby bath water
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