GREY:NEVDQ - Post by User
Comment by
Notgnuon Dec 28, 2020 9:43pm
81 Views
Post# 32189311
RE:NGU : would you please stop the nasty comments! The comments
RE:NGU : would you please stop the nasty comments! The commentsTo whomever. My comment on hedging is a simple minded as donald jr and donald snr and Joe by-gone and camella hair-aszz for that matter:
If I buy 1 old house the zoning, or neighbour hood could change dramatically over ten years. It could become great or it could go to garbage and the roof could cave in... Higher risk... higher reward.
If i buy a 10% share in a group that owns 10 houses and one burns to the ground and one getsd zoned for a 5000 story appartment complex and the rest ... meh I am de facto hedged..
Generally the market knows this and is willing to pay more dollars for safety = hedged... many many other ways of hedging.
NCU has big exposure (one company, one town, one mine) to copper price, big exposure to fish going and diddling the super's wife, big exposure to an employee getting splattered thus being a bigger percentage of the workforce etc etc
Thus in my (and I don't know how many times I have to say this) OPINION (yes, we all only have either opinions or else it is probably insider and illegal information) large companies with many mines in different countries and different geologies etc etc are, without needing to get into specifics, definitionally more hedged.
Notgnu