Someone turned 80k into like 1.2 million betting on Tesla calls or something and hedged with a Kamala win bet it was like 50k tesla/30k Kamala and they turned it into 1.2 million via Tesla somehow

Is it like

  • bet 1/2 on unlikely thing
  • bet 1/2 on likely thing
  • rely on gains on either side averaging out to at least ++
  • Churbleyimyam@lemm.ee
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    1 month ago

    Hedges are a good investment because once it has matured a hedge provides food and shelter for many species of birds, animals and insects. There are government subsidies available for establishing and maintaining them. They also provide returns for people in the form of wood and in some cases edible fruit.