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Business of Hedging Sound Risk Management Without the Rocket Science

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ISBN-10: 0273652036

ISBN-13: 9780273652038

Edition: 2001

Authors: John Stephens

List price: $34.95
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The Business of Hedging meets the need for a guide that starts from the fundamentals of business risk management and reduction and offers the reader who has either none, or little knowledge of hedging, an introduction to this vital business subject.
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Book details

List price: $34.95
Copyright year: 2001
Publisher: Financial Times/Prentice Hall
Publication date: 12/21/2000
Binding: Paperback
Pages: 208
Size: 6.75" wide x 9.50" long x 0.50" tall
Weight: 1.034
Language: English

Business and risk are inseparable
In today's financial climate, risk management can no longer remain the preserve of the select few
Every manager in every business must have knowledge and expertise to control the financial challenges they face
Hedging financial risk is the most fundamental and effective technique for protecting a business against adverse market conditions
What is more, in the world of business, profits are largely the result of successful risk taking
The Business of Hedging discusses every aspect of hedging from the roots up
It analyzes the concept of risk and the various forms it can take, and illustrates how hedging can be used as a countermeasure
This book dispels the mystique of high finance that surrounds the art of hedging, making this essential risk-avoidance technique immediately accessible to all
"Indispensible reading for anyone who runs a business, is in risk management, or simply wants to learn more regarding the opposite side of speculating."
-- Erik Gebhard, President, Altavest Worldwide Trading, Inc
The author "has the rare ability to make the most complicated subject matter comprehensible and easy to understand, while avoiding oversimplification
This book brings the important subject of hedging down from the rarified heights of academia and places it firmly in the hands of practical business managers, ready for use --