important techniques to price, hedge, and manage risks in general - while acknowledging the high degree of uncertainty in the …

. Financial crisis, rather than destroying the need for risk management, has given even great nuance and meaning to what risks … exist and can be managed and controlled, and a taxonomy of new risks that need to be explored in ever more meaningful ways … the art approaches to modeling and managing risks Investigates stress tests in periods of heightened uncertainty, and the …

Identify and understand the risks facing your portfolio, how to quantify them, and the best tools to hedge them This … book scrutinizes the various risks confronting a portfolio, equips the reader with the tools necessary to identify and … understand these risks, and discusses the best ways to hedge them. The book does not require a specialized mathematical …