Subjects:  1. Business & Economics    2. Business / Economics / Finance    3. Business/Economics    4. Finance    5. Business & Economics / Finance    6. Stocks & shares   

Reviews (13)

This is a great book
This is a great book for one person - Steve Nison. :)

Hocus Pocus
Investing world we heard Warren Buffett(57-69 Dow 152% Buffett Partnership 2794.9%), Charles Munger(62-75 Dow 96.8% C.M. Partnership 1156.7%), Bill Ruane (S&P 14yr 70-84Q1 270% Sequoia Fund 775%, Walter Schloss(S&P 28.5 yrs 887.2% WJS Ltd Patners 6,678.8%) - The Superinvestors of Graham-and-Doddsvill - The Intelligent Investor Appendix D. So far I didn't see steve nison, candle stick and all TA stuff is like Reading tea leaf. Investing should be Value Investing, fullstop. For beginner I'll suggest
Incredible book on useless knowledge
This book will provide you everything you mite need on something useless like Japanese Candlesticks. Nisson can show thousands of examples of how they "predicted" a change in trend but he won't show the other thousand times in which they didn't work. They are too random to be taken seriously. An Eight Ball or throwing darts at the Wall Street Journal can show the same results.
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Subjects:  1. Business & Economics    2. Business / Economics / Finance    3. Business/Economics    4. Charts, diagrams, etc    5. Economics - General    6. Finance    7. Investment Analysis    8. Investments & Securities - General    9. Prices    10. Stock price forecasting    11. Stocks    12. Business & Economics / Finance    13. Stocks & shares   

Reviews (1)

Nice Review of Stochastic Vol Literature
The academic literature on stochastic volatility models is vast and often difficult to understand or at least to gain a coherent view of the field from. This book provides a succinct introduction. It is well written without over simplifying issues.
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Subjects:  1. Business & Economics    2. Business / Economics / Finance    3. Business/Economics    4. Finance    5. Mathematical models    6. Options (Finance)    7. Prices    8. Stocks    9. Business & Economics / Finance    10. Finance & Accounting   

Subjects:  1. Banks & Banking    2. Business & Economics    3. Business / Economics / Finance    4. Business/Economics    5. Financial institutions    6. Insurance - Risk Assessment & Management    7. Management    8. Management - General    9. Risk management    10. Business & Economics / Insurance / General    11. Insurance    12. Risk assessment & analysis for business   

Subjects:  1. Budget    2. Budget process    3. Budgeting    4. Business & Economics    5. Business/Economics    6. General    7. Governmental Budgeting    8. Politics / Current Events    9. Program budgeting    10. Public Affairs & Administration    11. Public Finance    12. United States    13. Business & Economics / General    14. Economics, Finance, Business and Industry    15. Reference, Information and Interdisciplinary Subjects    16. Sociology, Social Studies   

Subjects:  1. Business & Economics    2. Business / Economics / Finance    3. Business/Economics    4. Investments & Securities - General    5. Negotiating    6. Securities    7. Business & Economics / Investments & Securities    8. Finance    9. Industrial or vocational training   

Reviews (6)

Must have for anyone interested on Derivatives
I really must thank John Hull for this book. The way every topic is covered gives you basic knowledge to enter the depths that await you regarding futures, options and other derivatives. The book is so masterfully written that the approach to every topic is very fluid. Once you've covered the book, you are ready to go on with a more complicated book, including Hull's "Options, Futures, and Other Derivatives" which has a more anylitical approach than this introductory book. The examples are the easiest ones and you can understand everything so clearly I wish there were more books like this.

The best nontechnical introduction book on Derivtatives
Hull wrote a classic book for the introduction to futures and optionsmarkets. It's for the serious reader who doesn't want to all the deviationsand basics of option pricings. If, after reading this book, you're stillinterested in derivatives you cann proceed with Hull's "Options,Futures, and Other Derivative Securities", Kolb's "Futures,Options, and Swaps", or for the very ambitious student Wilmott's"Derivatives or Quantitative Finance".

Excellent book, must have for finance nuts.
The material is similar to his other book, OptionsFutures and OtherDerivatives, but much more easy to read.With Brealy & Myers, thisforms a good complementary text. ... Read more

Subjects:  1. Accounting - General    2. Business & Economics    3. Business / Economics / Finance    4. Business/Economics    5. Finance    6. Futures And Options Trading    7. Futures market    8. Investments & Securities - General    9. Options (Finance)    10. Problems, exercises, etc    11. Economics    12. Investment & securities   

Reviews (3)

very good book.
implementation and design of classes wise this book is replete with ideas. Since this book dealt with FDM, which are either cubbersome or difficult to program say american options, better is to deal with FE methods.

Computational Finance made efficient
This book encapsulates all that is wonderful about OOP and shows how generic programming techniques (based on the STL) can be effectively applied to financial engineering and numerical analytic problems. The book requires only a first-course level knowledge of C++ (at the level of for example Ivor Horton's Beginning C++) and a first course level knowledge of Financial Mathematics (at the level of for example John Hull's masterpiece) and takes the reader on an entertaining journey through the basics of the STL and the applications of STL constructs to computational-financial and numerical-analytic problems, especially those relating to the numerical solution of partial differential equations. Also, the author makes a persuasive case for finite-difference methods and deals with a few subtleties of the Crank-Nicholson algorithm. For best results, it should be read along with a decent book on the Standard Library (for example the one by Nicolai Josuttis). Overall, it's a pleasure to read and learn from, on a par with Mark Joshi's little design-patterns volume, and more detailed!

The best book in c++ instrument pricing, period.
Let me just say that I have a few financial modelling books, from Dr. Brooks to Mr. Joshi, and this is the best book by far.It clearly explain how to price a particular instruments using this poweful language.The book uses Standard Template Language (STL), by doing so your code are more readable and much faster.If I only had this book a few years back.Now I must say this book is for C++ programmers and Quants you really need to know C++ from beginning to end, templates, pointers, references, classes or that stuff you need it. This is the only book that comes with working code, it doesn't matter what type of compiler you have the code in the CD will work.Mr. Duffy explains how to model one factor and two factor Black-Scholes equations using finite differences, options(vanilla, exotic),interest rate and much more.The CD even comes with an Excel driver to transfer your data to Excel. Quant superstar Justin London is coming with his new book in a few months, and that book might over take this one, but as of right now this is the best C++ financial pricing book around.You can't go wrong with this one. ... Read more

Subjects:  1. Business & Economics    2. Business / Economics / Finance    3. Business/Economics    4. C++ (Computer program language    5. C++ (Computer program language)    6. Finance    7. Financial engineering    8. Investments    9. Investments & Securities - General    10. Mathematical models    11. Securities    12. Business & Economics / Finance    13. Computer Software Packages    14. Investment & securities    15. Software engineering   

Reviews (6)

Practical approach and mathematicallyrigorous at the same time
Excellent book for whom is looking for a practical approach that at the same time is presented through a rigorous mathematical methodology. The book is absolutely superior over the academic textbooks that usually limit themselves to CAPM and efficient market theory. Grinold and Kahn go much forward and at the same time had managed to clearly and meticulously show the CAPM model, its limitations and the more sophisticated tools developed from it. Beside of showing the active way of managing a portfolio, the serious mathematical presentations through which the different theories such as CAPM are described are very convincing of how difficult it could be to beat the market.

Theoretical framework with no practical examples.
There is important information in this book but most of us need to see numerical examples to reinforce theoretical concepts. This book really comes up short in this area. It provides some discussion with the formulas/equations it presents but is very incomplete in terms of worked out examples.Yes, including worked out examples mightmight mean a book three timesas long, but the book would then be many, many times more useful to practitioners.
This is the seminal text for Quantitative Finance
If you work for one of the top alpha quant shops (Barclays, Goldman, etc.), this text is a the proverbial must read.These are the guys that essentially invented quantitative finance in its modern form, building upon the [only somewhat applicable] concepts of Sharpe and Rosenberg and demonstrating how they can be harnassed to drive alpha.Anybody who has given this text a poor review obviously doesn't work in quantitative finance (chances are they're merely stock-pickers).If you want to understand how to drive alpha and beat the market, this text goes a lot further than explaining the simple concepts of information ratio and tracking error; instead, this book touches on the beauty of multi-factor models and covariance risk management. ... Read more

Subjects:  1. Business & Economics    2. Business / Economics / Finance    3. Business/Economics    4. Finance    5. Investments & Securities - General    6. Mathematical models    7. Portfolio Management    8. Business & Economics / Investments & Securities    9. Investment & securities    10. Management & management techniques   

Reviews (4)

Good book for undergrads
We used this book in our international finance class in univ of chicago. what i have is the 2nd edition but i have to admit this is a really comprehensive and clearly organized book, it is an ideal book for people who are interested in getting a general picture of money, banking and basic exchange rates. one drawback i can think of is the price.

About the MyEconLab attachment to this book
If you're an independent learner; that is, not enrolled as a student in a course at a school, OR IF YOU ARE, BUT THE INSTRUCTOR IS NOT PARTICIPATING (Using the MyEconLab software for course materials), and thus can't provide you with a COURSEID, a warning about the MyEconLab study aid attachment to this textbook; the instructions for registering to use MyEconLab are less than candid.
Wow, an Econ book that is actually easy to understand!
I'm on Chapter 4 of this book, and I'm surprised at how clear and concise the author is. The sections are broken up very well and provide side titles in case you ever need to flip back to a certain topic. ... Read more

Subjects:  1. Banks & Banking    2. Banks and banking    3. Business & Economics    4. Business / Economics / Finance    5. Business/Economics    6. Finance    7. Money    8. Economics    9. Teaching of a specific subject   

Reviews (8)

good case study
I found the chapters are not very in detail. I was using it as the textbook and the lecture notes are way better. I read the book at the begginning but stopped in the middle as it doesn't really help. However, the end of chapter case studies are pretty good.

Useful if cumbersome
This review applies to the edition WITH CASES.This isn't recommended for anyone who is just starting out with choosing investments.Beginners might be better off with a more general overview of financial statement analysis (FSA) like Higgins' "Analysis of Financial Statements" or Fraser and Omriston's "Understanding Financial Statements". Required Text
This is a required text at my school, but after having read the first 5 chapters there is almost nothing of value that I have read.I have spoken to several people that have used this text for the class in prior semesters and they told me that they had stopped reading it after the first several chapters also. ... Read more

Subjects:  1. Accounting - Financial    2. Business & Economics    3. Business / Economics / Finance    4. Business enterprises    5. Business/Economics    6. Case studies    7. Corporate Finance    8. Finance    9. Financial statements    10. Management - General    11. Valuation    12. Budgeting & financial management    13. Business & Economics / Finance    14. Finance & Accounting   

Reviews (38)

Great for Small Business Owners!
I am only half-way through the book, and already I've picked up several good ideas for inexpensive marketing.Not only has it provided new ideas, but it has reminded me of things I already knew I should do but had forgotten.
Good book on getting more for less
A useful book with lots of ideas on marketing on a low budget.

Has some good points
This book is not much different than a college marketing class with the addition of shameless promotion throughout. On the other hand the book also reminded me of many areas and tactics that I had forgotten. ... Read more

Subjects:  1. Advertising    2. Budgeting    3. Business & Economics    4. Business / Economics / Finance    5. Business/Economics    6. Management    7. Marketing    8. Marketing - General    9. Small Business - General    10. Small Business Management    11. Small business    12. Budgeting & financial management    13. Business & Economics / Small Business    14. Small businesses & self-employed   

Subjects:  1. Business & Economics    2. Business / Economics / Finance    3. Business/Economics    4. Finance    5. Budgeting & financial management    6. Business & Economics / Finance    7. Corporate finance   

Reviews (11)

Absolutely Great!
Advanced Modeling is a fantastic book, and pretty easy to follow with relatively few coding errors.There are some books out there that have errors in the code that they use, which makes it difficult or someone to learn the techniques.Even for those without a solid background in VBA, this book can benefit you to start learning how to code properly.Anyone who is relatively proficient with Excel can definitely gain a new trick or two from reading this book.All you really need to start using this book is a basic understanding of finance concepts (e.g. portolio theory, capital budgeting, binomial options pricing, Black-Scholes, etc.).The techniques that are taught are also useful in other modeling exercises, and not necessarily just for finance-related topics.

A Cookbook for Financial Modellers
Yes, the book won't teach you CAPM, Black-Scholes, or much financial theory.But there is NO shortage of those books.There is a shortage of books with real-world Excel solutions to applying financial theory to data.I've had this book for a couple of years and have probably only used 10% of it, only because I don't have time, real business need, to do the rest.I sometimes take it to bed to read and dream of having the time to try out some of their other models.That's the only thing I can add to the other reviews here, the amount of love and passion for the subject put into this book.There's not one extra padded word or graphic in this book.Yes, if there was one book I'd have to take to a desert island with Excel and some financial data this would be it.

Not really satisfying
One of the main points of programming books is to help the reader understand the models being programmed.On this count, "Advanced modelling in finance using Excel and VBA" fails miserably.There is very little explanation of the financial concepts and models.Anyone hoping to learn finance from this book will be very disappointed.Read more

Subjects:  1. Accounting - General    2. Applied    3. Business & Economics    4. Business / Economics / Finance    5. Business/Economics    6. Economics - General    7. Finance    8. Financial Economics (General)    9. General    10. Mathematical Models In Economics    11. Mathematical models    12. Microsoft Excel (Computer file    13. Microsoft Excel (Computer file)    14. Microsoft Visual Basic for app    15. Microsoft Visual Basic for applications    16. Business & Economics / Finance    17. Excel    18. Investment & securities   

Reviews (9)

Excellent Resource
Ms. Goodman's book is a much needed resource on CDOs.If you are just learning about the CDO market, Ms. Goodman clearly defines key terms and explains the structures from beginning to end.Those with extensive Wall Street experience will enjoy having one of the few well-written references available in the market.It is also a good marketing tool to give to potential investors.This is a good comprehensive reference guide.

Ridiculous and outrageous accusation by an idiot reviewer
The reviewer below suggests that Moorad Choudhry has posted a negative review of this book. To him/her I say this: Moorad Choudhry did not write it. I did. Mr Choudhry actually has a very high opinion of this book, and recommended to me I buy it when I attended a Bloomberg seminar he lectured at a few months ago. "Buy the new Goodman/Fabozzi book on CDOs, its excellent" he told me. Great book on CDOs - personally recommended
I have no hesitation in recommonding this as a great book on CDOs. I have bought a copy myself and it is very impressive. Moorad Choudhry. ... Read more

Subjects:  1. Asset-backed financing    2. Business & Economics    3. Business / Economics / Finance    4. Business/Economics    5. Debt    6. Finance    7. Financial Economics (General)    8. Structural Adjustment    9. Business & Economics / Finance    10. Investment & securities   

Reviews (59)

Vastly Overrated
If you have any interest in learning how to use a trend following methodology - or even how trend following really works - you should look elsewhere.Nothing in this book is applicable beyond a brief chart in the last third that explains support and resistance.While I do not agree with the position that trend following is dead, overrated, or otherwise worth ignoring, this book most assuredly is worth ignoring.What little it offers in practical advice can be found in many better, less expensive books on basic technical trading.

Where's the beef?
Looking for a trend following system? You won't find one in this book.Developing one and need some assistance?No help here either.The critical areas of system development are not covered (What to buy or sell, How much to buy or sell, When to buy or sell, When to get out of a losing position, and When to get out of a winning position).This book contains a shallow analysis of successful trend followers and their techniques.

Trend Hype
I read this book and I must say that I liked it but it really was just a bunch of hype as to why you should be a trend follower. Everyone in the trading business knows that the trend is your friend. Most have heard of the Turtles and know that trend following can be a great way to make money trading. But what this book doesn't address is how to trend follow. It talks alot about the money managers that do trend follow, but nothing about how, which the title of the book implies. It says "How" but fails to address "How" other then to say these guys are trend followers and you should be too. I would say the title is a little misleading. The title should be , "These Great Traders Make Money by Trend Following". So if you want to learn the "how to" then just forget this book as it will give little insight into that. ... Read more

Subjects:  1. Business & Economics    2. Business / Economics / Finance    3. Business/Economics    4. Futures And Options Trading    5. Investments    6. Investments & Securities - General    7. Stocks    8. Business & Economics / Investments & Securities    9. Business studies    10. Commodities    11. Finance    12. Investment & securities    13. Stocks & shares   

Reviews (1)

This book is great, very educational!
I use this textbook for my Financial Markets class and I learn so much from it.Fabozzi does a wonderful job of transfering his ideas to students so they can comprehend them and learn.Because of this book, I willdefinately get an 'A' in my class.I recommend this book to anybody. ... Read more

Subjects:  1. Accounting - General    2. Business & Economics    3. Business / Economics / Finance    4. Business/Economics    5. Finance    6. Financial institutions    7. Investments & Securities - General    8. Business & Economics / Banks & Banking   

Reviews (20)

Very good graduate text book
This book makes no claims to be the mathematical bible on stochastic calculus and I believe that the author refers (in a blatant piece of marketing) to the other Shreve book with Karatzas, which trust me IS a very intractable read.
Correction of previous review.
My thanks to Mr Gordon Brown for commenting on my previous review. In that review I claimed that a weaker version of the Girasanov's theorem is proved ( this is correct)and that the author does this by impossing a weaker ( this should have read stronger, my apologies) condition. The remainder of my comments still stand. Specifically, it is not a priori clear form the premises that condition 4.3.1 on page 187, is indeed satisfied. Finally, Mr Gordon's last remark regarding the credibility of my person deserves no comment.

Stochastic Calculus
Probably the best introduction. Worth reading carefully many times over until the essential ideas are absorbed. ... Read more

Subjects:  1. Accounting - General    2. Business & Economics    3. Business/Economics    4. Calculus    5. Finance    6. Mathematics    7. Business & Economics / Finance    8. Business & Economics-Accounting - General    9. Business & Economics-Finance    10. Mathematics / Calculus   

Reviews (4)

Satisfied
I was very pleased with the condition of this book. It was like new condition. The book was recieved in a timely manner. I would purchase from thisseller again.

This is what you need!
Great book. Clear and helpful. If you want to learn about control systems and business management control, this is the book you need.

from Chile
Es un excelente texto de apoyo para la docencia. Tanto mis alumnos como yo lo hemos utilizado. Es importante el aporte de los autores con los casos de estudio que entregan en cada capitulo, que permite en tender y reforzar losconceptos vertidos en el mismo ... Read more

Subjects:  1. Accounting - Managerial    2. Business & Economics    3. Business / Economics / Finance    4. Business/Economics    5. Case studies    6. Corporate Finance    7. Cost control    8. Industrial management    9. Accounting    10. Business & Economics / Accounting / Management   

Subjects:  1. Business & Economics    2. Business / Economics / Finance    3. Business/Economics    4. Corporate Finance