Today is another BACKWARDS edition of Works-For-Me Wednesday, in which you present a dilemma to your readers and get their best ideas.
So, here's the deal. I own a portfolio of collateralized debt obligations, delta-hedged, using the ABX index. Since volatility has increased in the last year, the portfolio has under-performed, due to the negative convexity of the bonds. How would you remedy this situation, and what underlying risks do you see in this financial strategy?
Oh, y'all. I am SO kidding. That was the question Hubs suggested.
Mine? Is about socks.
Guess which one of us scored higher on the SAT?
Anyhoo, back to the socks. After just a handful of washings, ours always end up gray. I have tried bleaching--even soaking in bleach--and I can never get them all pearly white again. Is there some trick I'm missing? Is there something else you can wash dingy socks in to make them all pretty?
Give me your best go at sock advice (or bond market volatility, whichever floats your boat).
Play along at your own blog, too. Post your dilemma(s), and let your readers weigh in. Then put your link below, using the guidelines.
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(Please note: To keep away the spammers, links will close at 8 pm CST.)
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