News for hackers. Stuff that matters.

A comment on Woman makes $420k by buying insurance on flights she predicted would get delayed. Parent comment

Re:Woman makes $420k by buying insurance on flights she pred... by TheNorthman on Monday June 15, 2020 @12:10PM (#23528951)
No, unvested RSUs are financial instruments for the same reason life insurance is. Your unvested RSUs accumulate cash-value over time and can be traded at the time of vesting. One might call them a derivative financial instrument.

Regular insurance doesn't accumulate cash-value and therefor is not a financial instrument.

[ Parent | on HN ]

There are no comments on this comment yet.