| Books | |||||
|---|---|---|---|---|---|
|
| DVD | |||||
|---|---|---|---|---|---|
|
| Music | |||||
|---|---|---|---|---|---|
|
| Buying Tools | |||
|---|---|---|---|
|
| How to Order |
|---|
| You can either browse our store directories or search the item you want to know. You can search using keywords, title, publisher, ISBN, artist, and so on. If you see the item you want, click Add to Shopping Cart. After that, you can either Continue Shopping or Proceed to Checkout. After clicking Proceed to Checkout, you can simulate your total charges based on your preferred shipping method and enter the shipping address. When you are done, you will receive instruction where to send your payment and you're done! Simple, isn't it? |
|
|
Home
Books : Dynamic Hedging: Managing Vanilla and Exotic Options (Wiley Finance)
Back
Save $10.00 when you spend $50.00 or more on Qualifying Items offered by Amazon.com. Enter code BMLSAVES at checkout. Click to Display
Binding: Hardcover
Dewey Decimal Number: 332.645
EAN: 9780471152804
ISBN: 0471152803
Label: Wiley
Manufacturer: Wiley
Number Of Items: 1
Number Of Pages: 528
Publication Date: January 14, 1997
Publisher: Wiley
Studio: Wiley
Related Items:
Editorial Review:
Product Description:
Destined to become a market classic, Dynamic Hedging is the only practical reference in exotic options hedgingand arbitrage for professional traders and money managers
Watch the professionals. From central banks to brokerages to multinationals, institutional investors are flocking to a new generation of exotic and complex options contracts and derivatives. But the promise of ever larger profits also creates the potential for catastrophic trading losses. Now more than ever, the key to trading derivatives lies in implementing preventive risk management techniques that plan for and avoid these appalling downturns. Unlike other books that offer risk management for corporate treasurers, Dynamic Hedging targets the real-world needs of professional traders and money managers. Written by a leading options trader and derivatives risk advisor to global banks and exchanges, this book provides a practical, real-world methodology for monitoring and managing all the risks associated with portfolio management.
Nassim Nicholas Taleb is the founder of Empirica Capital LLC, a hedge fund operator, and a fellow at the Courant Institute of Mathematical Sciences of New York University. He has held a variety of senior derivative trading positions in New York and London and worked as an independent floor trader in Chicago. Dr. Taleb was inducted in February 2001 in the Derivatives Strategy Hall of Fame. He received an MBA from the Wharton School and a Ph.D. from University Paris-Dauphine.
Rating:
- Outstanding
Taleb once again. Although you may require some knowledge on futures and option trading to understand the bottom of the story, it is nice book, light to read and usefull. If you trade on futures and options you should take a look inside, not becuase of the technical content but to have a close look at the man's ideas.
Rating: - Excellent book, intuitive approach although not to be used for introductory purposes
Before starting as a trader I had studied Hull in college and took some 'advanced' investments classes. On the first day of work I was told to read 'Dynamic Hedging'.
My impression: Hull teaches you the (very) basics and Taleb gives you insight in the concepts that are truly relevant. However, do not expect to read it and get everything he writes. As it is written from a practicioner's point of view, things will probably only become cristal clear when you re-read it after spending a considerable ... Read More
Rating: - Quick Question
This isn't so much a review as an inquiry -
I'm still working through this book, but I've noticed that it is replete with algebraic errors. Taleb doesn't always go through every step of his calculations, so they're difficult to follow.
Does anyone else notice these errors or am I getting caught in the algebra? An example is on page 38 towards the top:
He says that 12,500,000/.985 is 1,269,000. Even with the rounding (shaving off the 355), I'd say he's off by a ... Read More
Rating:
- Revised edition?
Books-A_Million lists a revised edition, ISBN: 0471353477, with December, 2008, as a publication date. Their advance order price is $76.95.
Rating: - Dynamic Hedging...goo stuff
Great book, very easy read as it is written in a conversational tone. Covers all the issues associated with derivative trading in an intuitive manner.
Arts & Photography • Biographies & Memoirs • Business & Investing • Children's Books • Comics & Graphic Novels • Computers & Internet • Cooking, Food & Wine • Entertainment • Gay & Lesbian • Health, Mind & Body • History • Home & Garden • Law • Literature & Fiction • Medicine • Mystery & Thrillers • Nonfiction • Outdoors & Nature • Parenting & Families • Professional & Technical • Reference • Religion & Spirituality • Romance • Science • Science Fiction & Fantasy • Sports • Teens • Travel •
Dynamic Hedging: Managing Vanilla and Exotic Options (Wiley Finance)
Our Price: 1,067,220.00
Prices excluding shipping charge.Availability: Usually ships in 24 hours
Binding: Hardcover
Dewey Decimal Number: 332.645
EAN: 9780471152804
ISBN: 0471152803
Label: Wiley
Manufacturer: Wiley
Number Of Items: 1
Number Of Pages: 528
Publication Date: January 14, 1997
Publisher: Wiley
Studio: Wiley
Related Items:
- The Black Swan: The Impact of the Highly Improbable
- The Volatility Surface: A Practitioner's Guide (Wiley Finance)
- Option Volatility & Pricing: Advanced Trading Strategies and Techniques
- Fooled by Randomness: The Hidden Role of Chance in Life and in the Markets
- Options, Futures, and Other Derivatives with Derivagem CD (7th Edition) (Prentice Hall Series in Finance)
- see more
Editorial Review:
Product Description:
Destined to become a market classic, Dynamic Hedging is the only practical reference in exotic options hedgingand arbitrage for professional traders and money managers
Watch the professionals. From central banks to brokerages to multinationals, institutional investors are flocking to a new generation of exotic and complex options contracts and derivatives. But the promise of ever larger profits also creates the potential for catastrophic trading losses. Now more than ever, the key to trading derivatives lies in implementing preventive risk management techniques that plan for and avoid these appalling downturns. Unlike other books that offer risk management for corporate treasurers, Dynamic Hedging targets the real-world needs of professional traders and money managers. Written by a leading options trader and derivatives risk advisor to global banks and exchanges, this book provides a practical, real-world methodology for monitoring and managing all the risks associated with portfolio management.
Nassim Nicholas Taleb is the founder of Empirica Capital LLC, a hedge fund operator, and a fellow at the Courant Institute of Mathematical Sciences of New York University. He has held a variety of senior derivative trading positions in New York and London and worked as an independent floor trader in Chicago. Dr. Taleb was inducted in February 2001 in the Derivatives Strategy Hall of Fame. He received an MBA from the Wharton School and a Ph.D. from University Paris-Dauphine.
Average Rating:
Rating:
- OutstandingTaleb once again. Although you may require some knowledge on futures and option trading to understand the bottom of the story, it is nice book, light to read and usefull. If you trade on futures and options you should take a look inside, not becuase of the technical content but to have a close look at the man's ideas.
Rating:
- Excellent book, intuitive approach although not to be used for introductory purposesBefore starting as a trader I had studied Hull in college and took some 'advanced' investments classes. On the first day of work I was told to read 'Dynamic Hedging'.
My impression: Hull teaches you the (very) basics and Taleb gives you insight in the concepts that are truly relevant. However, do not expect to read it and get everything he writes. As it is written from a practicioner's point of view, things will probably only become cristal clear when you re-read it after spending a considerable ... Read More
Rating:
- Quick QuestionThis isn't so much a review as an inquiry -
I'm still working through this book, but I've noticed that it is replete with algebraic errors. Taleb doesn't always go through every step of his calculations, so they're difficult to follow.
Does anyone else notice these errors or am I getting caught in the algebra? An example is on page 38 towards the top:
He says that 12,500,000/.985 is 1,269,000. Even with the rounding (shaving off the 355), I'd say he's off by a ... Read More
Rating:
- Revised edition?Books-A_Million lists a revised edition, ISBN: 0471353477, with December, 2008, as a publication date. Their advance order price is $76.95.
Rating:
- Dynamic Hedging...goo stuffGreat book, very easy read as it is written in a conversational tone. Covers all the issues associated with derivative trading in an intuitive manner.
Arts & Photography • Biographies & Memoirs • Business & Investing • Children's Books • Comics & Graphic Novels • Computers & Internet • Cooking, Food & Wine • Entertainment • Gay & Lesbian • Health, Mind & Body • History • Home & Garden • Law • Literature & Fiction • Medicine • Mystery & Thrillers • Nonfiction • Outdoors & Nature • Parenting & Families • Professional & Technical • Reference • Religion & Spirituality • Romance • Science • Science Fiction & Fantasy • Sports • Teens • Travel •
