David Senra · Creating Muse: The Fastest-Growing AI Product Since ChatGPT | Alexandr Wang, Meta
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argues that the biggest risk in a fast-changing world is not taking any risk
“The second way is to hedge out your dollar risk, which means that you still buy the US stocks, but that you sell some dollars to try and smooth out any risk on the currency side.”
“I think that that's too risky. I think it's the biggest risk actually, is that complacency.”
“If you're really just about saving cash flow, the operating lease is probably the only product that makes a difference on that. You don't have to take any of the resale risk.”
“If I couldn't find a risk to align it to, I automatically told the team, get rid of it… It's not reducing any risk that I care about.”
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