A tangentially related point about example 1: Wow, it really surprises me that crypto exposure wasn’t hedged! I can think of a few reasons why those hedges might be practically infeasible (possibilities: financial cost, counterparty risk of crypto hedge, relationship with donor, counterparty risk of donor). I take your point that it’d be appropriate if these sorts of things got discussed more, so I think I will write something on this hedging tomorrow. Thanks for the inspiration!
I agree that the hedges might be practically infeasible or hard. But my point is that this deserves more discussion and consideration, not that it was obviously easy to fix.
A tangentially related point about example 1: Wow, it really surprises me that crypto exposure wasn’t hedged!
I can think of a few reasons why those hedges might be practically infeasible (possibilities: financial cost, counterparty risk of crypto hedge, relationship with donor, counterparty risk of donor). I take your point that it’d be appropriate if these sorts of things got discussed more, so I think I will write something on this hedging tomorrow. Thanks for the inspiration!
I agree that the hedges might be practically infeasible or hard. But my point is that this deserves more discussion and consideration, not that it was obviously easy to fix.
Ah, I see—I’ll edit it a bit for clarity then
Edit: should be better now