Market risk is best hedged through a combination of diversification across assets and enough time to decide when to sell. In the past, risks with volatility of similar statistical magnitudes were considered to be fungible, and,could flow to whomever was prepared to bear them.
In passato, i rischi con volatilità di rilevanza statistica simile erano considerati generici, e potevano colpire chiunque fosse preparato a sostenerli.