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An opinion column in the Wall Street Journal observes: Speculators earn a profit by absorbing risk that others dont want. Without speculators, investors would find
- An opinion column in the Wall Street Journal observes: “Speculators earn a profit by absorbing risk that others don’t want. Without speculators, investors would find it difficult to quickly hedge or sell their positions.” In what sense do speculators earn a profit by absorbing risk? Why would the absence of speculators make it difficult for investors to quickly hedge or sell their positions?
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i Now Speculators are the short term investors who take higher than the average risk in chance of ma...
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Business
Authors: Ricky Griffin, Ronald J.Ebert, Frederick Starke, Melanie Lang, George Dracopoulos
8th Canadian Edition
133354261, 978-0133354263
