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December 2006



In the 2nd edition some sections of Part I are omitted for better readability, and a brand new chapter is devoted to volatility risk. As a consequence, hedging of plain-vanilla options and (more…)


All stock-market investors embrace the motto “Buy low, sell high.” Few act accordingly, (more…)


This valuable and nonacademic guide reveals the extent to which we are surrounded by (more…)


Today’s investment markets can be daunting for anyone, but especially for those in the early stages of financial careers. The Fundamentals of the Securities Industry removes the (more…)

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