Consultant Ninja: When "hedging" is just speculation: Management.
Consultant Ninja
MARCH 4, 2009
I dont understand why they used collars since they would want to capture the benefits of falling prices. The only explanation I can come up with is they wanted a hedge book that was extremely cheap to run and they didnt see any way prices could fall (or their trade consultant or commodities broker rooked them.). Related Posts.
Let's personalize your content