A completely risk-free investment is pretty much a unicorn. Even cash in the bank loses value over time as inflation rises. Hedging is a word obnoxious trader types use to describe investment strategies aimed at protecting your portfolio from losing money. Traders mostly hedge using derivative products, but I steer clear of the d-word as ...

The more questions I ask about investing, the more questions I have. While talking derivatives last week, Simon mentioned arbitrage. It’s a term smart folks like to use at investment conferences. When they do, I nod and hope people can’t really smell fear. Doofus and Smarty Pants recording #fatwallet this morning. I'll let you decide ...

Recording Fat Wallet #4. I finally stump @simon_brown_za in this one! A photo posted by Kristia Van Heerden (@k_r_isis) on Jun 15, 2016 at 3:21am PDT Sometimes it seems like derivatives exist simply to vex me. I know, academically, that the world doesn’t revolve around me, but seriously derivatives: what the hell? In this episode ...