Investment-management

This book is wonderful! It is very informative and interesting. Buy it! In bulk! Certainly worth my reading time.

I always wanted to get the solutions for the chapter excercises. It does really help to understand the material .

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I found Arditti's writing to be simply attrocious. What the marketplace needs is a clear, concise guide to instrument structure and valuation, and Mr. Arditti writes in circles. As an example, his chapter on option pricing refers to "using the methods used previously in this chapter" without referring to how to apply these to the method just introduced. The method just introduced was explained using numbers that were presumably fabricated, but lord only knows, because the author can't be bothered to specify how his example was structured.

In trying to explain things simply, the author fails to explain anything clearly. "Derivatives" is an extreme disappointment. As a reference, this book may have some use, but if you're looking to learn something from it, stear clear.

This book is an excellent resource for beginning and intermediate level fund managers who want to understand the derivatives to be able to use them in risk hedging and income maximization.

The book is excellently organized in four sections and each section is self sufficient. Each of the sections begin with basics, illustrates the concepts with example, introduces the mathematics of pricing and methodology of hedginag of risks

Every section has also a nice subsection on terminology and definitions.

The book is an excellent attempt to explain a highly technical and complex subject.The section on Interest Rate swaps is outstanding. A must read for all corporate money managers and a must addition to all financial libraries.

I am completely satisfied with this book. He knows how to design derivatives and make them work. This book does a remarkable job of explaining the theory and practice of derivative securities.

There are two ways to write a book: provide a lot of specialist information on a specialised topic (well) or provide a lot of superficial information that covers everything relevant (lake). Surprisingly, this book achieves both of these objectives.

This book does give an overview of derivatives, and other resources, such as Wilmott do an excellent job. The section on credit derivatives is light, but that may be addressed in the next edition. There is more to this market than credit default swaps.

I really hoped that this book would explain the use of derivatives (a financial risk management tool) is a simple way, but alas, it was still too highbrow for a layperson like me. Perhaps I should have paid more attention in math class, but I still don't really understand how, when, or why to use them. However, I will persevere and find a book that can explain the use of derivatives in a more pedestrian manner. Thanks!

I loved this book. It was full of information that came alive. This book takes a dry, complex topic, and makes it exciting. It is a must read!!!