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Goldman Sachs retained a significant residual long risk position in the transaction.
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He proposed to "sell the forward spread and buy protection on the tightening move," "use indices and add to existing position," "go long risk on some belly tranches especially where defaults may realize" and "buy protection on HY and Xover in rallies and turn the position over to monetize volatility".
"I think people should be long equities and long risk".
From a risk-management point of view, this was perfect: have a long position in the low-risk asset, and a short one in the higher-risk one.
In off-the-record comments after a dinner speech at the Council on Foreign Relations in New York on Wednesday, Mr. O'Neill said he was sticking to his long-held position that imposing tariffs risked the nation's interests as the world's leader in promoting free trade, they said.
IN THE JULY 27 ISSUE I advised readers to take profits on long dollar/yen positions because of the growing risk of a sharp, downward correction that would temporarily halt the dollar's rise.
We demonstrate that our model leads to reliable Value-at-Risk performance in short and long trading positions across different confidence levels.
"Long" (positions 419 and 746) plus position 654 (see Additional File 2).
Neither should they wait too long and risk making the hiring institution feel forced into supporting a second position.
Challenging the team to think about risks or position some long-term assets can make a big difference in helping an entrepreneur "create" a larger opportunity.
On Syria, Moscow risks alienating traditional friends in the Arab world but that is trumped by its long-standing position that the U.N. should not interfere in the internal affairs of sovereign states.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com