The Inversion Investor

The Inversion Investor

Why I Don’t Hedge: I Collapse Variance

Peter Pham's avatar
Peter Pham
Sep 19, 2025
∙ Paid

People hedge too much — in markets, in life, in ideas.

They insure against risk.

They diversify.

They bleed premiums.

They spread themselves thin.

All because they assume variance is inevitable and uncontrollable.

How can you tell?

They would never say ‘Rise.’ I dare you.

Don’t hedge.

Be clear about the things of consequence at scale — not a one-time pop.

Ho…

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