Sinossi
In 2008, Wall St. crashed, and with it took down the US economy. The incoming Secretary of the Treasury, Tim Geithner, reported that the Great Recession wiped out $15 trillion in household wealth, lost 9 million jobs, caused 5 million homeowners to lose their homes, and brought 9 million Americans below the poverty line. What a legacy! How was this possible? Modern finance teaches us that unsystematic risk is fully diversified away when one constructs portfolios. Therefore, supposedly, how bankers, analyst and corporate managers behave will not affect the markets as the unsystematic risk they create is fully diversified away. Not correct. This book shows that unsystematic risk cannot be fully diversified away. By laying the ground work for financial management which includes unsystematic risk, new analyses and tools are provided to quantitatively monitor equities markets, portfolios and risk scoring.
Le informazioni nella sezione "Riassunto" possono far riferimento a edizioni diverse di questo titolo.
Informazioni sull?autore
Solomon was Head of Corporate Planning at Westport (Malaysia), in 1995, then a $1,000,000,000 port infrastructure project. As an analyst, 2004-2013, he underwrote Commercial & Industrial loans for UMB Bank and equipment leases for Key Bank; and developed sophisticated proprietary statistical loss models for Commercial Mortgage Backed Securities (CMBS).
Le informazioni nella sezione "Su questo libro" possono far riferimento a edizioni diverse di questo titolo.
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Unsystematic Risk: Rethinking Finance
Editore:
Createspace Independent Publishing Platform, 2016
ISBN 10: 1523435666
ISBN 13: 9781523435661
Nuovo
Paperback / softback
Da: THE SAINT BOOKSTORE, Southport, Regno Unito
Valutazione del venditore 5 su 5 stelle
Paperback / softback. Condizione: New. This item is printed on demand. New copy - Usually dispatched within 5-9 working days. Codice articolo C9781523435661
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EUR 47,37
Spedizione EUR 16,38
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Unsystematic Risk (Paperback)
Editore:
Createspace Independent Publishing Platform, 2016
ISBN 10: 1523435666
ISBN 13: 9781523435661
Nuovo
Paperback
Da: CitiRetail, Stevenage, Regno Unito
Valutazione del venditore 5 su 5 stelle
Paperback. Condizione: new. Paperback. In 2008, Wall St. crashed, and with it took down the US economy. The incoming Secretary of the Treasury, Tim Geithner, reported that the Great Recession wiped out $15 trillion in household wealth, lost 9 million jobs, caused 5 million homeowners to lose their homes, and brought 9 million Americans below the poverty line. What a legacy! How was this possible? Modern finance teaches us that unsystematic risk is fully diversified away when one constructs portfolios. Therefore, supposedly, how bankers, analyst and corporate managers behave will not affect the markets as the unsystematic risk they create is fully diversified away. Not correct. This book shows that unsystematic risk cannot be fully diversified away. By laying the ground work for financial management which includes unsystematic risk, new analyses and tools are provided to quantitatively monitor equities markets, portfolios and risk scoring. This item is printed on demand. Shipping may be from our UK warehouse or from our Australian or US warehouses, depending on stock availability. Codice articolo 9781523435661
Compra nuovo
EUR 48,28
Spedizione EUR 42,84
Spedito da Regno Unito a U.S.A.
Spedito da Regno Unito a U.S.A.
Quantità: 1 disponibili