There has been an explosive growth in the number of corporates, investors and financial institutions turning to structured products to achieve cost savings, risk controls and yield enhancements. However, the exact nature, risks and applications of these products and solutions can be complex, and problems arise if the fundamental building blocks and principles are not fully understood. This book explains the most popular products and strategies with a focus on everything beyond vanilla options, dealing with these products in a literate yet accessible manner, giving practical applications and case studies. A special emphasis on how the client uses the products, with interviews and de*ions of real-life deals means that it will be possible to see how the products are applied in day-to-day situations – the theory is translated into practice. 作者简介： UWE WYSTUP is CEO of www.mathfinance.com, a global network of quants specializing in modeling and implementing Foreign Exchange Exotics. H

In High Probability Trading Strategies, author and well-known trading educator Robert Miner skillfully outlines every aspect of a practical trading plan–from entry to exit–that he has developed over the course of his distinguished twenty-plus-year career. The result is a complete approach to trading that will allow you to trade confidently in a variety of markets and time frames. Written with the serious trader in mind, this reliable resource details a proven approach to analyzing market behavior, identifying profitable trade setups, and executing and managing trades–from entry to exit.

Tools and Techniques for Determining the Value of Any Asset. Valuation is at the heart of every investment decision, whether that decision is to buy, sell, or hold. But the pricing of any financial asset has become a more complex task in modern financial markets. Now completely revised and fully updated to reflect changing market conditions, Investment Valuation, Second Edition, provides expert instruction on how to value virtually any type of asset-stocks, bonds, options, futures, real assets, and much more. Noted valuation authority and acclaimed NYU finance professor Aswath Damodaran uses real-world examples and the most current valuation tools, as he guides you through the theory and application of valuation models and highlights their strengths and weaknesses. Expanded coverage addresses: Valuation of unconventional assets, financial service firms, start-ups, private companies, dot-coms, and many other traditionally valued assets； Risk in foreign countries and how best to deal wit

The book will show how Buffett took a $100 investment and turned it into one of the most successful multi-billion dollar companies in the world. It will cover how Buffett began his career--learning from Benjamin Graham--and his adherence to certain key principles such as investing in old style traditional American companies, holding the companies forever, hiring and keeping the same managers, etc. This book will cover the kind of research that Buffett does before selecting investments and there will also be discussion of some of Buffett's admitted mistakes and investments that haven't yielded the profits he anticipated.

At the crossroads of corporate strategy and finance lies valuation. And in today's economy— whether you're a seasoned manager or a budding business professional—it's essential to excel at measuring, managing, and maximizing shareholder and company value. Valuation,with its companion CD-ROM, will show you how to do just that and much more. Hailed by financial professionals worldwide as the single best guide of its kind, Valuation, Fourth Edition with CD-ROM combines the dynamic flexibility of Excel spreadsheets with the depth and breadth of a classic text. Thoroughly revised and expanded to reflect business conditions in today's volatile global economy, Valuation, Fourth Edition with CD-ROM continues the tradition of its bestselling predecessors by providing up-to-date insights and practical advice on how to create, manage, and measure the value of an organization. Along with all-new case studies that illustrate how valuation techniques and principles are applied in real-world situations, this compr

Since the first hedge fund was launched in 1949 by Alfred Winslow lones,the industry has grown impressively.In 2005 it reached the record size of 1.3 trillion dollars and 8000 hedge funds.Responsible for a big slice of the daily trading volumes of financial markets,hedge funds are among the top clients for brokers,given the level of trading fees they generate. The hedge fund world is a very heterogeneous one: there are hedge funds that encompass only a few people and those with trading floors bigger than soccer fields.The hedge fund world seems to be the place where the ability to generate positive uncorrelated returns resides,even though performances are not publicly disclosed. And still,this remarkable phenomenon is surrounded by an aura of mystery.Using real-life examples and case studies,this book provides an intensive learning experience,and helps readers understand the investment strategies of hedge funds showing them how they can invest to make money in an uncorrelated way with financial market

During the 1990s the warrants market exploded onto the Australian investment scene and today warrants are one of the fastest growing and most popular financial products in the country. Investors can now access a large range of warrants on traditional and non-traditional investment assets to leverage substantial profits from a relatively small outlay.Warrant issuers have constructed warrants to cover virtually the entire risk/reward spectrum.As such,these products may be appropriate both for the conservative and for the aggressive investor. Investing in Warrants-the ASX Way shows how to get started in warrants,providing comprehensive information on instalments and trading-style warrants as well as looking at structured investment products and endowment warrants The book also covers: the different instalment strategies using instalments within self-managed superannuation funds how warrants are priced index,currency and knock-out warrants the risks involved the tax co

Over the past decade, credit derivatives have emerged as the key financial innovation in global capital markets. At end 2004, the market size hit $6.4 billion (in notional amounts) from virtually nothing in 1995. This rise has been spurred by the imperative for banks to better manage their risks, not least credit risks, and the appetite shown by institutional investors and hedge funds for innovative, high yielding structured investment products. As a result, growth in collateralized debt obligations and other second–generation products, such as credit indices, is currently phenomenal. It is enabled by the standardization and increased liquidity in credit default swaps – the building block of the credit derivatives market. Written by market practitioners and specialists, this book covers the fundamentals of the credit derivatives and structured credit market, including in–depth product de*ions, analysis of real transactions, market overview, pricing models, banks business models. It is recommended r

Step-by-step guidelines for making commodities a valuable component in any portfolio As stock market investing becomes increasingly hard to squeeze profits from, savvy investors are finding commodities to be the perfect vehicle for maintaining portfolio performance. Commodities for Every Portfolio shows commodities newcomers how to ease into this straightforward market, which strategies are best (and which to steer clear of!) and much, much more. Investors and traders get easy-to-follow techniques, strategies, and methods, with individual chapters showing how to invest in commodities through stocks, mutual funds, ETFs, and futures. High-performing companies and index-based funds are listed by name, with specific information on how and why they succeed; hard-to-find informational resources are also provided. 作者简介： Emanuel Balarie is President and Chief Investment Officer of Jabez Capital Management. Previously, he was senior market strategist at Wisdom Financial, Inc., and editor

Expanded coverage of ETFs, fund alternatives, and Internet research Cash in on the latest wealth-building techniques with America's #1 best-selling mutual fund book Want to make the most of mutual funds? Personal finance expert Eric Tyson shares his time-tested investing advice, as well as updates to his fund recommendations and revised coverage of tax law changes, in this user-friendly resource. Sample fund portfolios and updated forms show you exactly how to accomplish your financial goals. Pick the best funds and avoid losers Assemble and maintain a portfolio Evaluate your funds' performance Track and invest in funds online Fix common fund problems

Profit From Expert Advice It makes sense to learn from a trusted and qualified source. Steve McKnight is a qualified chartered accountant with extensive property investing experience.Steve's techniques have been successfully used and applied by tens of thous ands ofinvestors.

November 11th 2003 saw a landmark event take place in London. As the first conference designed for quants by quants the Quantitative Finance Review 2003, moved away from the anonymous bazaars that have become the norm, and instead delivered valuable information to market practitioners with the greatest interest. The roster of speakers was phenomenal, ranging from founding fathers to bright young things, discussing the latest developments, with a specific emphasis on the burgeoning field of credit derivatives. You really had to be there. Until now, at least. The Best of Wilmott 1: Including the latest research from Quantitative Finance Review 2003 contains these first-class articles, originally presented at the QFR 2003, along with a collection of selected technical papers from Wilmott magazine. In publishing this book we hope to share some of the great insights that, until now, only delegates at QFR 2003 were privy to, and give you some idea why Wilmott magazine is the most talked about periodical in th