> I see now, I'm going to have 20% of my paycheck deposited
> to an exotically hedged options account that will guarantee
> me a 40% return. Hmm, so what if I can't "kick the tires,"
> I'm obviuosly a financial waif.
You're going to be a finance professor?
Hedging is "like" insurance; replace "exotically hedged options account" with "State Farm Auto Insurance" -- see the problem with this inflamatory statement?
And the use of the word "exotic" here with reference to options is just jargon: there's no sight of Brigitte Bardot in the room, just an "out of the ordinary" contract.