Financial Risk Management for Dummies Paperback – Illustrated, 14 December 2015

The book is excellent source of knowledge and the seller s service is excellent... They made it a priority to deliver as promised... The seller is very helpful

Straight de-jargonizing talk with practical implications on risk management with interesting historical anecdotes and working perspectiveAs I am working in a Risk Management Product targeting risk managers and I have very little background in Risk and no patience to get my CFA, I picked up this book and was not disappointed.In the first few chapters, the author sets the context of risk, discussed Bayesian and Frequentist approaches with the example of Roulette Wheel.He also talks of approaches from Game Theory, Evolution, Thermodynamics and uncertainty which were insightful. Further he distinguishes dangers, risk and opportunity and talks about risk goals and financial market theories. He talks about risk functions in front office, back office and middle office which I found interesting. He provides useful advice on communicating risk to various stakeholders.In the next few chapters, he talks at length about VaR and types of VaR (Value at Risk) and their interpretation which was very useful. He then explains stress testing. His explanation of alpha, beta, delta, gamma, vega, theta, rho and oas is very fun and descriptive. He then discusses the normal distribution and extreme events. His discussion of limits using the traffic analogy is quite good and I enjoyed this chapter the most. His detailed analysis of stop losses, drawdowns and hedges are something I think I can even apply in my personal trading.In the last few chapters, his analysis of traders and money managers is full of memorable anecdotes and would be useful to a risk manager. Further, the way he characterizes banks , insurance industry, regulators (esp BASEL and viewing them as stakeholders), risk IT is something I will keep in mind for a long time.His chapters on communicating and reporting risk will help the job of a risk manager.The last chapter is about various stories of major risk events, risk books and risk managers which I just skimmed.Overall, I feel wiser when I am thinking about risk or collaborating with Risk professional

Fake printed book, shame on cocoblu charging the mrp 1535 for paintings 350 pages

Amazon delivery: excellent. Arrived in impeccable condition.Actual content: super easy to follow and covered essential content!

Written in simple words.

Great product very helpful great service

It's very helpful for me, im a beginner at securities investing

Es un libro muy bueno y lo puedes manejar como introducción a la administración de riesgos, y como todo en la vida, si quieres algo más complicado siempre lo encontrarás