Hope: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Classify page.) |
(Update.) |
||
Line 1: | Line 1: | ||
HOPE - possibly the worst 4-letter word that you will hear in your Treasury career. | HOPE - possibly the worst 4-letter word that you will hear in your Treasury career. | ||
When an operating business leader tells you that | "When an operating business leader tells you that they 'hope the [insert one of: FX rate, commodity price, interest rate] will come back and our losses will go away' it is a clear signal that a hedge strategy has failed." | ||
''(Senior treasury professional.)'' | |||
==See also== | ==See also== | ||
*[[Hedge]] | |||
*[[Time value]] | *[[Time value]] | ||
Latest revision as of 01:54, 25 May 2024
HOPE - possibly the worst 4-letter word that you will hear in your Treasury career.
"When an operating business leader tells you that they 'hope the [insert one of: FX rate, commodity price, interest rate] will come back and our losses will go away' it is a clear signal that a hedge strategy has failed."
(Senior treasury professional.)