O'Reilly logo

Buy and Hedge: The 5 Iron Rules for Investing Over the Long Term by Wayne Ferbert, Jay Pestrichelli

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

20. Married Puts

Evelyn Crouch: “Hey! I was waiting for that spot!”

Girl #1: “Face it, lady, we’re younger and faster!”

(Evelyn rear-ends the other car six times.)

Girl #1: “What are you *** doing?”

Girl #2: “Are you *** crazy?”

Evelyn Crouch: “Face it girls. I’m older and I have more insurance.”

—From Fried Green Tomatoes (1991)

Married puts are the closest thing an investor can get to insurance. As Kathy Bates’s character, Evelyn, knows, you can take some risks when you have good insurance. Of course we aren’t suggesting you ram your car into the stock exchange six times, but the point is when you’re insured, you know the consequences of your investment actions in the event things don’t go as planned.

Have you ever thought, “Wouldn’t it be ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required