He is a nephew of Pulitzer Prize-winning playwright Robert Schenkkan, Jr. Andrew's Episcopal School, where he was friends and flag football teammates with future Super Bowl MVP Drew Brees. Austin High School, playing wide receiver and defensive back for the school's football team.From 1997–2001, he attended the University of Virginia, his father and paternal grandfather's alma mater, where he majored in foreign affairs and economics.Mc Kenzie was also voted one of In Style's "10 Hottest Bachelors of Summer" in July 2005. The film was nominated for "Best International Film" and "Outstanding Ensemble Acting" in the Amanda Awards and won the Sarasota Film Festival award for "Outstanding Ensemble Acting".
His father is a lawyer and his grandfather is a professor.
As an emotion regulation strategy, people can bet against a desired outcome.
A New England Patriots fan, for example, could bet their opponents to win to reduce the negative emotions felt if the team loses a game.
So there is a risk of a future event that affects stock prices across the whole industry, including the stock of Company A along with all other companies.
Since the trader is interested in the specific company, rather than the entire industry, he wants to hedge out the industry-related risk by short selling an equal value of shares from Company A's direct, yet weaker competitor, Company B.