ADD: Anheuser-Busch (BUD) to the Investing Ideas Short list.
Commentary below from Keith within "Real-Time Alerts" delivered to #HedgeyeNation today.
Another simple example in risk managing your Short Book (if you have one) here...
Coaching Notes:
1. Cover 1 unit of SBUX, Add 1 unit of BUD on the Short Side
2. Question for you: what is 1 incremental unit?
3. Is it 25 bps (basis points), 50, or 100? What's your MIN/MAX size per short?
I'm going to keep trying to coach you into thinking this through professionally,
KM