Quotessence
Home / Quotes / Quote / Image

Quote image editor Michael Hudson

Back to previous page

“A derivative is a bet on whether a stock, or a bond or a real estate asset, is going to go up or down. There's a winner and a loser. It's like betting on a horserace.” — Michael Hudson

Quote 1080 x 1350 Instagram portrait
More
Platforms
Pure ratios
A derivative is a bet on whether a stock, or a bond or a real estate asset, is going to go up or down. There's a winner and a loser. It's like betting on a horserace.
— Michael Hudson