text.skipToContent text.skipToNavigation

Risk and the Smart Investor von Martin, David (eBook)

  • Erscheinungsdatum: 19.08.2010
  • Verlag: McGraw-Hill Professional
eBook (ePUB)
66,59 €
inkl. gesetzl. MwSt.
Sofort per Download lieferbar

Online verfügbar

Risk and the Smart Investor

Master the most important investing skill of all - DECISION MAKING "De-risking your investments requires knowing that there is much you don't know." - David X Martin Risk exists because of one simple fact: Decisions are always based on incomplete information. Therefore, to meet your investment goals over the long term, you must learn to manage the risks associated with a decision-making process that is by nature flawed. Risk and the Smart Investor provides a framework for making such decisions. Avoiding unrealistic promises of completely risk-free investing, world-renowned risk management expert David X Martin familiarizes you with the principles of risk management. Based on Martin's experience in managing risk at several of the world's largest financial institutions, this principlebased approach presents a unique perspective that helps you manage the risk in every investment you make. Risk and the Smart Investor provides not only a framework for managing risk in today's markets, it also prepares you to handle the next financial crisis - which is coming, sooner or later - by separating risk management into four separate processes: Assessment - know where you are, but accept the fact that you cannot know everything The Rules of the Game - determine your appetite for risk, diversify accordingly, demand transparency, and institute checks and balances Decision Making - consider all alternatives, fit your plans into specific time frames, and always have an exit strategy Reevaluation - continually monitor the outcomes of your decisions and learn from your mistakes Praise for Risk and the Smart Investor "Interesting and instructive. A good book for those who want to learn about risk and build this knowledge into their financial decisions." - John Reed, former CEO, Citigroup "David Martin has produced a popular yet serious post-financial crisis reflection on the fundamentals of risk management as a living process. Rich in experience and wisdom, Risk and the Smart Investor is both a useful handbook brimming with insights, and a moral tale for our times. Simply a must-read for every serious investor, risk manager, and just about everyone else." - Michael Power, professor, London School of Economics and Political Science "David Martin knows risk and the active investor and his book proves it." - Jerry Lieberman "This book is like having your own mentor to guide you through risk management decisions." - William Rhodes, Chairman, Citigroup and Citibank


    Format: ePUB
    Kopierschutz: AdobeDRM
    Seitenzahl: 288
    Erscheinungsdatum: 19.08.2010
    Sprache: Englisch
    ISBN: 9780071743501
    Verlag: McGraw-Hill Professional
Weiterlesen weniger lesen