So we're definitely a hedge strategy -- which means we're going to underperform during bull markets, but we think we more than make up for it by mitigating losses in a bear market.
"Notwithstanding this sharp fall in coal price, we remain committed to Scottish surface mining but will have to significantly reduce next year's planned 2m-tonne production target to mitigate losses," the company said, in its update for the stock exchange.
And the dividends they pay will help mitigate losses.
Just last month, HJS organised a conference on mitigating risks in the Arab world to discuss "methods for protecting your business interests, assets and people," including "how to plan against and mitigate losses… caused by business interruption".
He said he claimed extra in some expenses categories to mitigate for losses in others.
"We would seek to take advantage of this to mitigate any losses in the event that no authorisation is granted.
But he said the expansion process set in motion by the merger should at least mitigate those losses in the long run.
The second issue is how to develop the key components of an interdisciplinary planning strategy for a compact major urban area to mitigate the losses in a probable century event.
"They are investing the staff that they need in order to win delegates or mitigate delegate losses in states that Sanders might win".
Meanwhile, the delta-neutrality of the position effectively flattens out the profit and loss profile in such a way as to mitigate loss potential for limited bearish movement in the price of the underlying stock.
