Sentences with phrase «major tail risk»

I guess I went into it with the idea that the current portfolio being so sensitive to market moves (beta significantly greater than 1 because of the large concentration in AIG, BAC warrants), I was willing to lose the entire cost of the hedge for the slight chance of major tail risk.

Most likely, this reflects central banks» aggressive liquidity injections, which have translated into an increasing conviction among investors that major tail risks have been indefinitely removed.