Takeaway #213 hedging: as inspired by Lil Wayne

It’s been murder, b@#%h, I make a killing.

Insurance papers in the safe, money in the ceiling

Lil Wayne We Come and See About It

Takeaway #213:  Yes, it’s diversification and hedge time. Although Lil Wayne is literally putting the portfolio into the house – between board and studs – your options can be in other vehicles. Like Paulson and Goldman Sachs vs. the subprime lemmings, time to zag while the others zig.

#123 hedging

I’m the crescent, the sickle, so sharp the blade

I’m the flick of the shank, that opened your veins

I’m the, I’m the dusk I’m the frightening calm

I’m a hole in the pipeline, I’m a roadside bomb

One Day as A Lion If You Fear Dying

Takeaway 123:  The complete contingency is a futile hope.  One world event or terrorist act away from disruption, we need to hedge against portfolio mishaps. Are you adequately hedged today?