Hedging is the practice of taking a position in one market to offset and balance against the risk adopted by assuming a position in a contrary or opposing market or investment. The word hedge is from Old English hecg, originally any fence, living or artificial.
BEIJING -- Every morning, as many as 20,000 people flock to Tiananmen Square to join the vast queues of pilgrims, often stretching a kilometre long, at the entrance to the tomb of Mao Zedong. They stand for an hour or more, in blazing sun or winter cold, waiting patiently to pay their respects to the Great Helmsman. They place flowers at the foot of a Mao statue. They gaze reverentially at the chairman's crystal coffin, often bowing to the waxy corpse inside.
Net Worth: N/A. Perhaps one of the most well known dictators of all, âChairman Maoâ was a vicious dictator. A member of the Chinese Communist party, Zedong was relentless in forcing his communist regime on others. He created and reigned over the Peopleâs Republic of China from 1949 until his death in 1976. He killed 45 Million people in 4 years and has since been a very powerful and stigmatized icon of China.