Iceberg Risk

an adventure in portfolio theory

For all financial institutions, calculating day-to-day risk exposure is critical. The classic approach to minimizing the risk of catastrophe hitting a portfolio is to invest in a broad spectrum of assets. If one asset drops in value, another is likely to rise. But in today ...

Bear market investment strategies

Table of Contents Introduction Part I The Bear Background Overview History of Bear Markets Part II Economic Setting for Bear Markets Guideposts for Bear Markets Globalization, Terrorism, and Foreign Investment Part III Structure of Bear Markets Secondary Reactions Bear Market Legs Part IV Tools for ...

Markets, mobs and mayhem

a modern look at the madness of crowds

In this tour through cultural, global, economic and business history, Robert Menschel explores the phenomenon of crowd psychology and its effect on business and culture.

Measuring market risk

Table of Contents Preface The Risk Measurement Revolution Measures of Financial Risk Basic Issues in Measuring Market Risk Nonparametric VaR and ETL Parametric VaR and ETL Simulation Approaches to the Estimation of VaR and ETL Lattice Approaches to the Estimation of VaR and ETL Incremental ...

Monte Carlo Methods in finance

This text on financial Monte Carlo methods covers topics on: mathematics behind Monte Carlo methods; correlation normal, log- normal and other processes; applications in risk management option pricing; value at risk; various reduction techniques; low discrepency numbers; and quantitative research. Table of Contents The mathematics ...

Adequate decision rules for portfolio choice problems

The author presents the theory of portfolio choice from a new perspective, recommending decision rules that have advantages over those currently used in theory and practice. Portfolio choice theory relies on expected values. Goodall argues that this dependence has a historical basis and argues that ...

Strategy, value and risk-the real options approach

reconciling innovation, strategy and value management

In the 1990s shareholder value was applied to all aspects of corporate strategy and management decisions as a result of intense competition, globalization, advances in technology, deregulation and the financial markets. As we enter the 21st Century the business environment is one of increasing creative ...

If it´s raining in Brazil, buy Starbucks

the investor's guide to profiting from news and other market-moving events

Global financial markets are part of a much larger world, a world of fluid government policies, political unrest, and other unpredictable forces. If Its Raining in Brazil, Buy Starbucks quantifies how far-reaching factors affect stock prices, and how investors can trade more effectively by understanding ...

The fundamentals of risk measurement

A famous example of risk management gone wrong - in 1998, Long Term Capital Management (LTCM), a hedge fund, had bet heavily that any Russian default would have a correlated currency devaluation, which LTCM could use as a hedge. The devaluation didn't happen, LTCM lost ...

Taking technical risks

how innovators, executives and investors manage high-tech risks

How do technology innovators, business executives and venture capitalists manage the technical elements of business risk when developing and launching new products? Overcoming technical risks requires crossing the so-called valley of death - the gap between demonstrating the soundness of a technical concept in a controlled ...

Turbulencias financieras y riesgos de mercado

Aspectos legales de las finanzas corporativas

INDICE:Mercados, intermediarios, instrumentos y reguladores financieros -- Conceptos básicos de finanzas corporativas -- El gobierno de la firma -- El financiamiento bancario y las garantías de crédito -- Financiamiento del comercio exterior -- Securitización, leasing y project finance -- Aspectos legales regulatorios del mercado de capitales -- Financiamiento mediante la emisión ...

Rich by choice

seven steps to financial success

Value investing

from Graham to buffett and beyond

Weather risk management

market, products and applications

The definitive guide to the rapidly expanding weather risk management market. The US Department of Commerce estimates that nearly 10% of the US's $9 trillion GDP is exposed to weather risk. All over the world providers and end users are recognising this fact and ...

Venture capital

the definitive guide for entrepeneurs, investors, and practitioners

PART I: DOING YOUR HOMEWORK: PREPARING FOR THE VENTURE CAPITALISTS. The Venture Capital Revolution. Venture Capital FAQ: Is the Game Right for You? The Market Risk. The People Risk#Part I: Management Teams and Boards. The People Risk#Part II: Strategic Alliances. The Master of ...

La sociedad de inversión mobiliaria de capital variable

(SIMCAV)

Esta obra constituye el primer trabajo monográfico sobre la SIMCAV y en ella se analiza con detenimiento esta novedosa materia, examinando de forma sistemática el régimen jurídico de dicha Institución, tratando además de explicar el espectacular desarrollo que ha experimentado últimamente.

Practical quantitative investment management with derivatives

The book is divided into three sections plus detailed appendices and glossary and accompanying CD-ROM. The first section provides a description of the investment management process providing a context for quantitative techniques. Section 2 addresses different quantitative techniques as applied to investment management. Each chapter ...

World of risk

next generation strategy for a volatile era

World of Risk Next Generation Strategy for a Volatile Era We are all now living in a world of accelerating but unmanaged global risk. This book provides a fresh and creative look at risk and its impact on some of the most critical challenges of ...

Puzzles of finance

six practical problems and their remarkable solutions

There are certain essential theories that the finance professional needs in order to understand the foundations of financial analysis. Yet in many cases these theories are inadequately understood. Mark Kritzman takes on and simplifies six of the most perplexing and persistently challenging financial riddles. He ...