traveling & finance = ?
October 4, 2006
... a great idea!
as i'm currently trying to find out what the weather will be like on my journey (to find the efficient frontier of my clothes / travel gear portfolio) i decided to use my finance background.
what do we do with risks? right, we hedge them away. my soon-to-be patented plan is to buy weather derivatives in all my destinations to hedge my exposure to bad weather (and thereby insufficient clothing). so even if there is bad weather, i would would gain on the financial side - which will either make me happy by itself or at least allows me to buy some more clothes. if the weather is fine and i lose the 'insurance' premium - who cares, great weather, i wont be complaining!
ha, i KNEW studying economics would be worth it!
as i'm currently trying to find out what the weather will be like on my journey (to find the efficient frontier of my clothes / travel gear portfolio) i decided to use my finance background.
what do we do with risks? right, we hedge them away. my soon-to-be patented plan is to buy weather derivatives in all my destinations to hedge my exposure to bad weather (and thereby insufficient clothing). so even if there is bad weather, i would would gain on the financial side - which will either make me happy by itself or at least allows me to buy some more clothes. if the weather is fine and i lose the 'insurance' premium - who cares, great weather, i wont be complaining!
ha, i KNEW studying economics would be worth it!
|
|
Create a free TravBuddy account or login to leave comments, meet travelers, and share experiences with the TravBuddy travel community.
