If you're trying to build wealth, sharp market downturns are your worst enemy. Bloomberg guest Jay Pestrichelli and financial industry veteran Wayne Ferbert show how to protect yourself against violent downturns while giving your portfolio maximum room to run in upward markets. In Buy and Hedge, you will learn how to apply hedging as part of a long-term program for growing and preserving your assets. You'll discover how to take advantage of the hedge-building...

Learn to apply the strategies of top hedge fund managers to your personal investment portfolio The most successful hedge fund managers and superstar investors outperform the markets impressively, while most fund manager, -and individual investors as well-usually underperform the market averages. Based on the figures released by the Edgar System each quarter, this book analyzes the performance of hedge fund managers controlling at least $100 million...

Activist hedge fund managers represent a small part of the $1 .5 trillion hedge fund industry, but their approach is causing a stir among traditional managers and the investment community because they are shaking up the corporate establishment and making money for their investors. These types of managers are here to stay and Extreme Value Hedging tells the story of their rise to power in the U.S. and how they are spreading their influential gospel...

The credit derivatives industry has come under close scrutiny over the past few years, with the recent financial crisis highlighting the instability of a number of credit structures and throwing the industry into turmoil. What has been made clear by recent events is the necessity for a thorough understanding of credit derivatives by all parties involved in a transaction, especially traders, structurers, quants and investors. Fully revised and updated...

The only guide focusing entirely on practical approaches to pricing and hedging derivatives One valuable lesson of the financial crisis was that derivatives and risk practitioners don't really understand the products they're dealing with.

A leading authority presents a comprehensive overview of trading and risk management in the energy markets This new book from a respected consultant, lecturer, and former energy trader offers thorough coverage of energy markets and their principal applications in hedging risk, trading for profits, and diversifying investment portfolios. It covers exchange-traded as well as over-the-counter derivatives, including forwards, futures, and swaps for professionals...

The tools and information that build effective compliance programs. “Enterprise Compliance Risk Management: An Essential Toolkit for Banks and Financial Services” is a comprehensive narrative on managing compliance and compliance risk that enables value creation for financial services firms. Compliance risk management, a young, evolving yet intricate discipline, is occupying center stage owing to the interplay between the ever-increasing complexity...

A behind-the-scenes narrative of how hedge fund manager John Paulson foresaw the escalating financial crisis and turned a falling housing market into financial history.