An asymmetric payoff (also called an asymmetric return) is the set of possible results of an investment strategy where the upside potential is greater than the downside risk.[1] Derivative contracts called “options” are the most common instrument with asymmetric payoff characteristics.[2] Hedge funds that employ this kind of investment strategy include Universa Investments, A North Investments, Pershing Square Capital Management, and others.[3][4][5]
Original source: https://en.wikipedia.org/wiki/Asymmetric payoff.
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