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![Sakrexer Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1486586633881329664.png) Peggy.hl [@Sakrexer](/creator/twitter/Sakrexer) on x 18.3K followers
Created: 2025-07-16 20:54:05 UTC

on the other side, I must not hedge 

Hedging is the profit-killer. Hedging is the little-death that brings total dollar denominated obliteration. I will face my beta. I will permit it to pass over me and through me. And when it has gone past my VaR models I will increase my delta even more. Where the hedge has gone there will be nothing. Only longs will remain...


XXXXX engagements

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**Related Topics**
[delta](/topic/delta)
[beta](/topic/beta)
[money](/topic/money)
[hedging](/topic/hedging)

[Post Link](https://x.com/Sakrexer/status/1945587765967573054)