Scenarios for Risk Management and Global Investment Strategies
Scenarios for Risk Management and Global Investment Strategies assesses the risks and challenges of modern investing, focusing on the importance of adapting and responding to changing investment climates. This book discusses the probabilities that various future events will occur and how these events and their probable occurrences influence investment decisions. It contains essential material for hedge fund managers, quants, and traders, supplying them with the tools to build accurate investment scenarios and optimize returns.
Praise for Scenarios for Risk Management and Global Investment Strategies
"This unique team of father and daughter covers the most important areas of investing in depth. They tell the stories, perform the analyses (with just the right amount of math), and give us the macro and global insights. I can wholeheartedly recommend this fascinating and informative book."
— Paul Wilmott, Mathematician
"A treasure trove of stimulating and useful ideas about the theory and practice of investing."
— Edward O. Thorp, Edward O. Thorp & Associates
"This is a fascinating book, with log-optimality presented in an engaging style. It is a rare combination of solid theory and practical application of great value to anyone managing a portfolio with an analytic approach."
— David G. Luenberger, Professor of Management Science and Engineering, Stanford University
"A most effective combination of narrative case-studies and lucid exposition of the theory underpinning them. This book will speak to investors of all kinds and, what is more, it is an exceptionally enjoyable read even for the mathematically under-endowed."
— Fram Dinshaw, Finance Bursar, St Catherine's College, Oxford