Red-Blooded Risk The Secret History of Wall Street
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Form:Einzelkauf Download
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Sprache:Englisch
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eBook Format:ePUB
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24,99 €
inkl. gesetzl. MwSt.Beschreibung
Produktdetails
Format
ePUB
Kopierschutz
Ja
Family Sharing
Nein
Text-to-Speech
Ja
Erscheinungsdatum
09.09.2011
Verlag
PolitySeitenzahl
432 (Printausgabe)
Dateigröße
6325 KB
Auflage
1. Auflage
Sprache
Englisch
EAN
9781118140178
financial risk takers from the rest
From 1987 to 1992, a small group of Wall Street quants invented
an entirely new way of managing risk to maximize success: risk
management for risk-takers. This is the secret that lets tiny
quantitative edges create hedge fund billionaires, and defines the
powerful modern global derivatives economy. The same practical
techniques are still used today by risk-takers in finance as well
as many other fields. Red-Blooded Risk examines this
approach and offers valuable advice for the calculated risk-takers
who need precise quantitative guidance that will help separate them
from the rest of the pack.
While most commentators say that the last financial crisis
proved it's time to follow risk-minimizing techniques, they're
wrong. The only way to succeed at anything is to manage true risk,
which includes the chance of loss. Red-Blooded Risk presents
specific, actionable strategies that will allow you to be a
practical risk-taker in even the most dynamic markets.
* Contains a secret history of Wall Street, the parts all the
other books leave out
* Includes an intellectually rigorous narrative addressing what
it takes to really make it in any risky activity, on or off Wall
Street
* Addresses essential issues ranging from the way you think about
chance to economics, politics, finance, and life
* Written by Aaron Brown, one of the most calculated and
successful risk takers in the world of finance, who was an active
participant in the creation of modern risk management and had a
front-row seat to the last meltdown
* Written in an engaging but rigorous style, with no
equations
* Contains illustrations and graphic narrative by renowned manga
artist Eric Kim
There are people who disapprove of every risk before the fact,
but never stop anyone from doing anything dangerous because they
want to take credit for any success. The recent financial crisis
has swelled their ranks, but in learning how to break free of these
people, you'll discover how taking on the right risk can open the
door to the most profitable opportunities.
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