Market Risk Management is a complex field that demands, among other things, three fundamental aspects: Access to market data – both real-time and historical; A good understanding of the applicable valuation models and, above all; Available implementations of at least a few of these models. In addition, these models must be implemented in a user […]
Bonds
FREE COURSE: Financial Engineering and Risk Management Part I
Created by Columbia University, this course ranges concepts from finance, economics, mathematics, statistics, engineering and computational methods. The main focus if the course is on financial engineering and risk management, where the use of simple stochastic models to price derivative securities in various asset classes including equities, fixed income, credit and mortgage-backed securities is also […]
FREE COURSE: Financial Markets
This is a great opportunity for anyone who wants to improve their knowledge in Financial Markets. It’s a FREE course created by Yale University and starts on Jan 23. A summary of the course content and syllabus is explained below. Course Syllabus Week 1: Basic Principles of Finance and Risk Management (5 videos, 1 reading) Reading: Optional […]
EBOOK: Reminiscences of a Stock Operator
Taking a chance in financial markets implies potential big risks and this is not for everyone. The risk/reward might be high and even if you have every possible rational for a trade well thought, discussed, supported with solid fundamentals and technical analysis, even so, things might go wrong and you might suffer big losses. This bitter reality is many […]
VIDEO: The Universal Principle of Risk Management: Pooling and the Hedging of Risks
Statistics and mathematics underlie the theories of finance. Probability Theory and various distribution types are important to understanding finance. Risk management, for instance, depends on tools such as variance, standard deviation, correlation, and regression analysis. Financial analysis methods such as present values and valuing streams of payments are fundamental to understanding the time value of […]
The return of fiscal policy – A step in the right direction by Nouriel Roubini
Nouriel Roubini is a widely known professor at NYU’s Stern School of Business, and was senior economist for international affairs in the White House’s council of economic advisers during the Clinton era. He has also worked for the IMF, the Federal Reserve, and the World Bank. Since the global financial crisis of 2008, monetary policy […]