Prеpаring for thе Worst: Incorporаting Downsidе Risk in Stock Mаrkеt Invеstmеnts (Wilеy Sеriеs in Probаbility аnd Stаtistics)
Publisher: Wilеy-Intеrsciеncе
Number of Pages: 286
Published: 2004-10-22
List price: $115.00
A timely approach to downside risk and its role in stock market investments When dealing with the topic of risk analysis, most books on investments treat downside and upside risk equally. Preparing for the Worst takes an entirely novel approach by focusing on downside risk and explaining how to incorporate it into investment decisions. Highlighting this asymmetry of the stock market, the authors describe how existing theories miss the downside and follow with explanations of how it can be included. Various techniques for calculating downside risk are demonstrated. This book presents the la...