Investment outcomes and strategies have changed considerably since 2008. Broken Pie Chart demonstrates the failures of classical diversification and asset allocation, pointing out that the backward-looking methods used by traditional financial professionals will not work moving forward.
Derek Moore explains why traditional risk-spreading leads to losses during sell-off periods, and contains risks that many investors do not recognize until it is too late. He also reflects on the changes in the financial market since the global financial crisis, and how these changes may affect your
asset allocation and risk management decision-making in a landscape of lower rates and higher risks.
With this work, readers can take a fresh look at their portfolios by identifying the emerging asset classes that will lead to investment success, using effective financial strategies to enhance their position, and placing smart floors, hedges and buffers to minimize risk.
In light of a history of legislative actions in the United States to encourage collaborative R&D, this book characterizes U.S. collaborative R&D through the eyes of the National Research Joint Venture Database.
Facilitating a fresh statistical look at collaborative R&D as a purposive strategy in the light of existing public policies, this book also provides a critical evaluation of the effectiveness of those attendant policies. Through an original project-based micro database, the author reveals the
patterns of competitive behavior associated with collaborative R&D. Accompanied by follow-up statistical and econometric analyses, readers are not only confronted with what might be the most complete picture of U.S. collaborative R&D to date, but they are also provided with key indications of the
effectiveness of U.S. legislative actions which is set to inspire further collaborations in research.
Energy Power Risk: Derivatives, Computation and Optimization is a comprehensive guide presenting the latest mathematical and computational tools required for the quantification and management of energy power risk. Written by a practitioner with many years’ experience in the field, it provides
readers with valuable insights in to the latest practices and methodologies used in today’s markets, showing readers how to create innovative quantitative models for energy and power risk and derivative valuation.
The book begins with an introduction to the mathematics of Brownian motion and stochastic processes, covering Geometric Brownian motion, Ito’s lemma, Ito’s Isometry, the Ornstein Uhlenbeck process and more. It then moves on to the simulation of power prices and the valuation of energy
derivatives, before considering software engineering techniques for energy risk and portfolio optimization. The book also covers additional topics including wind and solar generation, intraday storage, generation and demand optionality.
Written in a highly practical manner and with example C++ and VBA code provided throughout, Energy Power Risk: Derivatives, Computation and Optimization will be an essential reference for quantitative analysts, financial engineers and other practitioners in the field of energy risk management, as
well as researchers and students interested in the industry and how it works.
Want to start investing your money wisely but not sure how? This book is for you. Get to grips with everything you need to know about the investment and financial markets with this practical guide.
In today's economy it is clear to see how everyday politics and global events can have a lasting impact on your pension, savings and investments, but you don't have to feel powerless when it comes to safeguarding your future. Now more than ever, it is vital to understand how the markets work and
what you can do to maintain financial security.
This book gives concise and practical information which will help you understand how the stock market works, breaking down complex jargon to simple explanations.Fully updated for this seventh edition, How the Stock Market Works provides you with the tools needed to understand investing in the light
of major events such as the UK's exit from the EU.
Chapters cover the basics from explanations of shares, bonds and gilts and range to where to find help and advice when needed. With guidance on how to be a responsible shareholder and information on the taxation regime, this established guide will help you take control of your finances.
So just how does the investment industry really work? Now more than ever, people are being affected by the fluctuations in the global economy and by financial uncertainty - with major impacts on their savings, portfolios and pensions. It takes not just savvy but real information to maintain
financial security and safeguard one's future. Consequently, it is now more important than ever to understand how the markets work and what choices are available.
Fully updated for this sixth edition, How the Stock Market Works tells investors what is being traded and how, who does what with whom, and how to evaluate a particular share or bond in light of rival claims from critics and admirers. From the practical consequences of being a shareholder to a basic
coverage of the taxation regime, this book provides a wealth of information on individual product types as well as the key players themselves.
It may not take a genius to make a fortune, but anyone considering investing in the stock market will need care, common sense, lots of luck - and the expert advice of How the Stock Market Works.
For students of finance at both undergraduate and postgraduate level, or those preparing for professional examinations, Investment and Portfolio Management develops knowledge and understanding of the key financial products, investment strategies and risks in financial markets in the UK and
internationally. With an emphasis on practice, Investment and Portfolio Management presents the theory and its relevance and application in the financial workplace. The authors draw on their experience working in the financial sector to illustrate concepts with case studies, examples and problems,
including material relevant to candidates studying for professional examinations offered by the major professional bodies in the subject area (Charted Institute of Investment, CII & Chartered Institute of Securities and Investment, CISI). Each chapter is written in an easy-to-follow style, allowing
readers to navigate their way through different topics without issue, avoiding complicated technical jargon, in favour of simpler terms and writing style. To meet the criteria for those studying for academic and professional courses, links are provided to more in-depth material and in-chapter
features to encourage self-directional learning. Online supporting resources for this book include lecture slides and figures from the book.
When you think about investing, what words come to mind? Overwhelming? Intimidating? Scary?
Investors face a vast array of investment options vying for their business. They are aware that some of those providing these "opportunities" seek to take advantage of them. And although most investors realize they are fallible, they often have no clear idea why or what they can do about it. So what
chance do less savvy investors have navigating the investment minefield and emerging unscathed?
The answer is not much-unless they recognize the pitfalls along the way. In this book, H. Kent Baker and Vesa Puttonen show new investors how to avoid rash financial decisions and basic investing sins. They help them to recognize and avoid common investing mistakes, behavioral biases, and traps that
can affect sound judgment and reduce wealth. Ultimately, they explain how to separate investment fads from time-tested investment principles-a task that is easier said than done, but that is well worth the effort.
Navigating the Investment Minefield is essential reading for novice investors, and it is of keen interest to more seasoned investors seeking a refresher course on the most basic, time-honored truths of wealth management.
H. Kent Baker, Hugo Benedetti, Ehsan Nikbakht, Sean Stein Smith
£156.25
Book + eBook
Bitcoin’s introduction as the first cryptoasset in 2009 ushered in a new era, generating much interest, excitement, and growth. A cryptoasset is a digital asset using blockchain technology to regulate the generation of new units and verify and secure transactions. Besides cryptocurrencies,
other major cryptoassets are security tokens and utility tokens.
Cryptoassets are attractive to investors because of potentially high returns and diversification benefits. However, investors entering this market face substantial challenges like the low quality of information, high price volatility, a lack of academically defensible valuation models, and
regulatory uncertainty.
This book spans the gamut from theoretical to practical while offering the right balance of detailed and user-friendly coverage. It consists of five parts: (1) the cryptoasset landscape, (2) types of cryptoassets, (3) cryptoassets as investment opportunities, (4) trading, reporting, and technical
aspects, and (5) other cryptoasset issues. The book skillfully blends scholars' and practitioners' contributions into a single review of critical topics and issues about cryptoassets. The contributors' varied backgrounds ensure different perspectives and a rich interplay of ideas. The book reflects
the latest research and offers a guide to understanding cryptoassets and their role in investment portfolios.
Transform the way you think about money in this easy-to-use, jargon-free guide by Anne Boden (CEO of Starling Bank) which busts commonly held financial myths, helping you to get the most of your cash in today's digital world.
There's never been a shortage of advice on managing your money, clearing debt, being canny with your cash and getting the best deals. But it can be hard work, and everyone seems to be saying something different. What if you could easily cut through all the rhetoric and noise and everything could be
made straightforward?
In The Money Revolution, banking entrepreneur, and founder of award winning Starling Bank, Anne Boden shines a spotlight on how we save, spend and invest our money. By adopting a few new behaviours, it's possible to transform your bank balance for the better. The Money Revolution breaks through the
traditional thinking about money and what you've always been told you should expect from financial institutions.
Sharing the benefits of smart banking, fintech solutions and the advantages of open banking, it covers a range of financial solutions, from savings and investments to pensions, bill payments and travel money. Find out everything you need to know to get the best out of your money every day.
Are you an investor facing an obstacle you don’t know how to overcome?
Are you ready to invest, but not sure how to reduce your risks?
There are two important things you must do to be a savvy investor: make good investment decisions and avoid costly mistakes. As important as good investments are, one bad mistake can ruin the result of all your good decisions. In the second book in The H. Kent Baker Investments Series, investing
experts H. Kent Baker, John R. Nofsinger, and Vesa Puttonen offer an insightful guide on avoiding those detrimental missteps.
The Savvy Investor's Guide to Avoiding Pitfalls, Frauds and Scams explores the common pitfalls that investors face. Highlighting important issues when investing especially in common stocks and mutual funds, they explore the psychological biases of investors that can cause you to be your own worst
enemy. Finally, they look at frauds and scams, and how to protect yourself from dishonest people wanting to profit at your expense.
If you feel unprepared to face the risks of investing, Baker, Nofsinger, and Puttonen provide this essential guide to arming yourself against devastation on your path to becoming a savvy investor.