Love this kind of content, hopefully to see more of it. Can you share what does hedging means in 16:15?
@FAQShow5 ай бұрын
Since the main cost for the company is latex, hedging means buying enough latex (raw material) early if they think latex price is going to increase drastically in the future. In this case, the company has hedged themselves for about a year supply of raw material so they don't need to worry about the fluctuation of costs anymore.
@mfam725 ай бұрын
@@FAQShow Understood, thanks for the explanation :)
@-vv3rv5 ай бұрын
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@MatthewRobinson35 ай бұрын
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