Editorial Reviews
Book Info
Brings the high-finance tool of hedging financial risk to the common business person and investor. Demystifies hedging, analyzing the concept of risk and the forms it can take, illustrating how hedging can be used as a countermeasure. Softcover.
From the Back Cover
The only book traders need to master hedging! The clearest, most systematic treatment of hedging available: covers every aspect of the subject, from the bottom up. Empowers traders to make intelligent, successful hedging decisions. Derivatives, financial swaps, financial options, and more. Hedges are financial risks taken to offset other unavoidable, undesirable risks. Hedging is a crucial financial strategy for virtually every business -- as well as an increasing number of investors. The Business of Hedging is the complete guide to hedging for newcomers to the subject. It covers every aspect of hedging, and every important hedging technique, all with a single goal: to empower financial professionals and traders to make intelligent hedging decisions. The Business of Hedging systematically and clearly explains the background, evolution, and fundamental concepts of hedging; the role of derivatives, financial swaps, financial options; and much more. For all risk managers, fund mangers, portfolio managers and others concerned with hedging and risk management, including an increasing number of day-traders.
John Stephens is a consultant in the financial industry.
The business of Hedging
The business of Hedging,John Stephens,Financial Times/Prentice Hall,0273652036,Accounting - General,Business & Economics,Business / Economics / Finance,Business/Economics,Corporate Finance,Finance
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