Author: Benoit B. Mandelbrot
Editor: Profile Books
ISBN: 1847651550
Size: 11,55 MB
Format: PDF, Docs
Read: 561
DownloadEditor: Profile Books
ISBN: 1847651550
Size: 11,55 MB
Format: PDF, Docs
Read: 561
This international bestseller, which foreshadowed a market crash, explains why it could happen again if we don't act now. Fractal geometry is the mathematics of roughness: how to reduce the outline of a jagged leaf or static in a computer connection to a few simple mathematical properties. With his fractal tools, Mandelbrot has got to the bottom of how financial markets really work. He finds they have a shifting sense of time and wild behaviour that makes them volatile, dangerous - and beautiful. In his models, the complex gyrations of the FTSE 100 and exchange rates can be reduced to straightforward formulae that yield a much more accurate description of the risks involved.
The World Scientific Handbook Of Futures Markets
Author: Anastasios G. E. T. Al MALLIARIS
Editor: World Scientific
ISBN: 9814566926
Size: 10,11 MB
Format: PDF, Kindle
Read: 336
DownloadEditor: World Scientific
ISBN: 9814566926
Size: 10,11 MB
Format: PDF, Kindle
Read: 336
'The World Scientific Handbook of Futures Markets serves as a definitive source for comprehensive and accessible information in futures markets. The emphasis is on the unique characteristics of futures markets that make them worthy of a special volume. In our judgment, futures markets are currently undergoing remarkable changes as trading is shifting from open outcry to electronic and as the traditional functions of hedging and speculation are extended to include futures as an alternative investment vehicle in traditional portfolios. The unique feature of this volume is the selection of five classic papers that lay the foundations of the futures markets and the invitation to the leading academics who do work in the area to write critical surveys in a dozen important topics.'--$cProvided by publisher.
Author: Charles S. Tapiero
Editor: Springer Science & Business Media
ISBN: 1461462347
Size: 17,14 MB
Format: PDF
Read: 947
DownloadEditor: Springer Science & Business Media
ISBN: 1461462347
Size: 17,14 MB
Format: PDF
Read: 947
Risk models are models of uncertainty, engineered for some purposes. They are “educated guesses and hypotheses” assessed and valued in terms of well-defined future states and their consequences. They are engineered to predict, to manage countable and accountable futures and to provide a frame of reference within which we may believe that “uncertainty is tamed”. Quantitative-statistical tools are used to reconcile our information, experience and other knowledge with hypotheses that both serve as the foundation of risk models and also value and price risk. Risk models are therefore common to most professions, each with its own methods and techniques based on their needs, experience and a wisdom accrued over long periods of time. This book provides a broad and interdisciplinary foundation to engineering risks and to their financial valuation and pricing. Risk models applied in industry and business, heath care, safety, the environment and regulation are used to highlight their variety while financial valuation techniques are used to assess their financial consequences. This book is technically accessible to all readers and students with a basic background in probability and statistics (with 3 chapters devoted to introduce their elements). Principles of risk measurement, valuation and financial pricing as well as the economics of uncertainty are outlined in 5 chapters with numerous examples and applications. New results, extending classical models such as the CCAPM are presented providing insights to assess the risks and their price in an interconnected, dependent and strategic economic environment. In an environment departing from the fundamental assumptions we make regarding financial markets, the book provides a strategic/game-like approach to assess the risk and the opportunities that such an environment implies. To control these risks, a strategic-control approach is developed that recognizes that many risks resulting by “what we do” as well as “what others do”. In particular we address the strategic and statistical control of compliance in large financial institutions confronted increasingly with a complex and far more extensive regulation.
Law Bubbles And Financial Regulation
Author: Erik Gerding
Editor: Routledge
ISBN: 1134642695
Size: 15,89 MB
Format: PDF
Read: 592
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ISBN: 1134642695
Size: 15,89 MB
Format: PDF
Read: 592
The Misbehavior Of Markets Pdf File
Financial regulation can fail when it is needed the most. The dynamics of asset price bubbles weaken financial regulation just as financial markets begin to overheat and the risk of crisis spikes. At the same time, the failure of financial regulations adds further fuel to a bubble. This book examines the interaction of bubbles and financial regulation. It explores the ways in which bubbles lead to the failure of financial regulation by outlining five dynamics, which it collectively labels the 'Regulatory Instability Hypothesis.' . The book concludes by outlining approaches to make financial regulation more resilient to these dynamics that undermine law.Author: John Del Vecchio
Editor: McGraw Hill Professional
ISBN: 0071791973
Size: 11,86 MB
Format: PDF, Docs
Read: 564
DownloadEditor: McGraw Hill Professional
ISBN: 0071791973
Size: 11,86 MB
Format: PDF, Docs
Read: 564
Learn how to detect corporate sleight of hand{u2014}and gain the upper hand with smart investing.
Dual Momentum Investing An Innovative Strategy For Higher Returns With Lower Risk
Author: Gary Antonacci
Editor: McGraw Hill Professional
ISBN: 0071849459
Size: 18,47 MB
Format: PDF, Kindle
Read: 455
DownloadEditor: McGraw Hill Professional
ISBN: 0071849459
Size: 18,47 MB
Format: PDF, Kindle
Read: 455
The investing strategy that famously generates higher returns with substantially reduced risk--presented by the investor who invented it 'A treasure of well researched momentum-driven investing processes.' Gregory L. Morris, Chief Technical Analyst and Chairman, Investment Committee of Stadion Money Management, LLC, and author of Investing with the Trend Dual Momentum Investing details the author’s own momentum investing method that combines U.S. stock, world stock, and aggregate bond indices--a formula proven to dramatically increase profits while lowering risk. Antonacci reveals how momentum investors could have achieved long-run returns nearly twice as high as the stock market over the past 40 years, while avoiding or minimizing bear market losses--and he provides the information and insight investors need to achieve such success going forward. His methodology is designed to pick up on major changes in relative strength and market trend. Gary Antonacci has over 30 years experience as an investment professional focusing on under exploited investment opportunities. In 1990, he founded Portfolio Management Consultants, which advises private and institutional investors on asset allocation, portfolio optimization, and advanced momentum strategies. He writes and runs the popular blog and website optimalmomentum.com. Antonacci earned his MBA at Harvard.
Author:
Editor:
ISBN:
Size: 10,21 MB
Format: PDF, Kindle
Read: 127
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ISBN:
Size: 10,21 MB
Format: PDF, Kindle
Read: 127
Author: Benoit B. Mandelbrot
Editor: Profile Books
ISBN: 1847651550
Size: 11,55 MB
Format: PDF, Docs
Read: 561
DownloadEditor: Profile Books
ISBN: 1847651550
Size: 11,55 MB
Format: PDF, Docs
Read: 561
This international bestseller, which foreshadowed a market crash, explains why it could happen again if we don't act now. Fractal geometry is the mathematics of roughness: how to reduce the outline of a jagged leaf or static in a computer connection to a few simple mathematical properties. With his fractal tools, Mandelbrot has got to the bottom of how financial markets really work. He finds they have a shifting sense of time and wild behaviour that makes them volatile, dangerous - and beautiful. In his models, the complex gyrations of the FTSE 100 and exchange rates can be reduced to straightforward formulae that yield a much more accurate description of the risks involved.
The World Scientific Handbook Of Futures Markets
Author: Anastasios G. E. T. Al MALLIARIS
Editor: World Scientific
ISBN: 9814566926
Size: 10,11 MB
Format: PDF, Kindle
Read: 336
DownloadEditor: World Scientific
ISBN: 9814566926
Size: 10,11 MB
Format: PDF, Kindle
Read: 336
'The World Scientific Handbook of Futures Markets serves as a definitive source for comprehensive and accessible information in futures markets. The emphasis is on the unique characteristics of futures markets that make them worthy of a special volume. In our judgment, futures markets are currently undergoing remarkable changes as trading is shifting from open outcry to electronic and as the traditional functions of hedging and speculation are extended to include futures as an alternative investment vehicle in traditional portfolios. The unique feature of this volume is the selection of five classic papers that lay the foundations of the futures markets and the invitation to the leading academics who do work in the area to write critical surveys in a dozen important topics.'--$cProvided by publisher.
Author: Charles S. Tapiero
Editor: Springer Science & Business Media
ISBN: 1461462347
Size: 17,14 MB
Format: PDF
Read: 947
DownloadEditor: Springer Science & Business Media
ISBN: 1461462347
Size: 17,14 MB
Format: PDF
Read: 947
Risk models are models of uncertainty, engineered for some purposes. They are “educated guesses and hypotheses” assessed and valued in terms of well-defined future states and their consequences. They are engineered to predict, to manage countable and accountable futures and to provide a frame of reference within which we may believe that “uncertainty is tamed”. Quantitative-statistical tools are used to reconcile our information, experience and other knowledge with hypotheses that both serve as the foundation of risk models and also value and price risk. Risk models are therefore common to most professions, each with its own methods and techniques based on their needs, experience and a wisdom accrued over long periods of time. This book provides a broad and interdisciplinary foundation to engineering risks and to their financial valuation and pricing. Risk models applied in industry and business, heath care, safety, the environment and regulation are used to highlight their variety while financial valuation techniques are used to assess their financial consequences. This book is technically accessible to all readers and students with a basic background in probability and statistics (with 3 chapters devoted to introduce their elements). Principles of risk measurement, valuation and financial pricing as well as the economics of uncertainty are outlined in 5 chapters with numerous examples and applications. New results, extending classical models such as the CCAPM are presented providing insights to assess the risks and their price in an interconnected, dependent and strategic economic environment. In an environment departing from the fundamental assumptions we make regarding financial markets, the book provides a strategic/game-like approach to assess the risk and the opportunities that such an environment implies. To control these risks, a strategic-control approach is developed that recognizes that many risks resulting by “what we do” as well as “what others do”. In particular we address the strategic and statistical control of compliance in large financial institutions confronted increasingly with a complex and far more extensive regulation.
Law Bubbles And Financial Regulation
Author: Erik Gerding
Editor: Routledge
ISBN: 1134642695
Size: 15,89 MB
Format: PDF
Read: 592
DownloadEditor: Routledge
ISBN: 1134642695
Size: 15,89 MB
Format: PDF
Read: 592
Financial regulation can fail when it is needed the most. The dynamics of asset price bubbles weaken financial regulation just as financial markets begin to overheat and the risk of crisis spikes. At the same time, the failure of financial regulations adds further fuel to a bubble. This book examines the interaction of bubbles and financial regulation. It explores the ways in which bubbles lead to the failure of financial regulation by outlining five dynamics, which it collectively labels the 'Regulatory Instability Hypothesis.' . The book concludes by outlining approaches to make financial regulation more resilient to these dynamics that undermine law.
Author: John Del Vecchio
Editor: McGraw Hill Professional
ISBN: 0071791973
Size: 11,86 MB
Format: PDF, Docs
Read: 564
DownloadEditor: McGraw Hill Professional
ISBN: 0071791973
Size: 11,86 MB
Format: PDF, Docs
Read: 564
Learn how to detect corporate sleight of hand{u2014}and gain the upper hand with smart investing.
Dual Momentum Investing An Innovative Strategy For Higher Returns With Lower Risk
Author: Gary Antonacci
Editor: McGraw Hill Professional
ISBN: 0071849459
Size: 18,47 MB
Format: PDF, Kindle
Read: 455
DownloadEditor: McGraw Hill Professional
ISBN: 0071849459
Size: 18,47 MB
Format: PDF, Kindle
Read: 455
The investing strategy that famously generates higher returns with substantially reduced risk--presented by the investor who invented it 'A treasure of well researched momentum-driven investing processes.' Gregory L. Morris, Chief Technical Analyst and Chairman, Investment Committee of Stadion Money Management, LLC, and author of Investing with the Trend Dual Momentum Investing details the author’s own momentum investing method that combines U.S. stock, world stock, and aggregate bond indices--a formula proven to dramatically increase profits while lowering risk. Antonacci reveals how momentum investors could have achieved long-run returns nearly twice as high as the stock market over the past 40 years, while avoiding or minimizing bear market losses--and he provides the information and insight investors need to achieve such success going forward. His methodology is designed to pick up on major changes in relative strength and market trend. Gary Antonacci has over 30 years experience as an investment professional focusing on under exploited investment opportunities. In 1990, he founded Portfolio Management Consultants, which advises private and institutional investors on asset allocation, portfolio optimization, and advanced momentum strategies. He writes and runs the popular blog and website optimalmomentum.com. Antonacci earned his MBA at Harvard.
Author:
Editor:
ISBN:
Size: 10,21 MB
Format: PDF, Kindle
Read: 127
DownloadEditor:
ISBN:
Size: 10,21 MB
Format: PDF, Kindle
Read: 127