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Uncertainty and Expectation: Strategies for the Trading of Risk (Wiley Trading)
 
 

Uncertainty and Expectation: Strategies for the Trading of Risk (Wiley Trading) [Kindle Edition]

Gerald Ashley
5.0 out of 5 stars  See all reviews (2 customer reviews)

Digital List Price: £35.83 What's this?
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Product Description

Dr Jackie H. Harvey, Department of Accounting and Financial Management, Newcastle Business School

"A wonderful book that will be perfect for injecting a little 'reality' into the student learning experience"

Product Description

In this entertaining and thoughtful book, Gerald Ashley  sets out to explain what trading is, and lays out a modus operandi for being a  trader and investor. He draws upon market anecdotes and examples from the past,  seeking to debunk many myths surrounding financial markets, and to try and make  the reader understand the real processes, risks and rewards that drive  investment.

In particular he examines ideas in market and individual investor behaviour,  and questions the usefulness of many of todays standard investment  techniques including benchmarks, charts, analysts and 'gurus'. He also lays out  simple precepts for understanding investment risk and suggests ideas for  managing your investments in today's markets.


Product details

  • Format: Kindle Edition
  • File Size: 1921 KB
  • Print Length: 190 pages
  • Page Numbers Source ISBN: 0470850450
  • Publisher: John Wiley & Sons, Inc.; 1 edition (23 May 2003)
  • Sold by: Amazon Media EU S.à r.l.
  • Language English
  • ASIN: B000V6JF5O
  • Text-to-Speech: Enabled
  • Average Customer Review: 5.0 out of 5 stars  See all reviews (2 customer reviews)
  • Amazon Bestsellers Rank: #454,903 Paid in Kindle Store (See Top 100 Paid in Kindle Store)
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Most Helpful Customer Reviews
2 of 2 people found the following review helpful
By RK
Format:Hardcover
Most books on finance fit into one of 3 categories

1. For beginners - a list of products and markets and how they are used
2. For the experts – “how to mathematically model everything” or “what the
rules and regulations are”.
3. The 'I'm the greatest, do it my way' theme of (auto-) biographies.

But here is a book that neatly bypasses these genres and combines the author’s vast experience inside the markets to explain the core elements of finance. It also manages to slaughter many of the 'sacred cows' of financial experts, fund managers, chartists, economists, regulators and central bankers. This book will give you an honest and thoughtful view of what makes, and more importantly, what doesn’t make, the markets tick. You won't see any of this on business TV or read it in the newspapers!

The author writes in a wry, easy going and witty style with some fascinating examples from the past, that he neatly folds into the present day financial scene.

A worthwhile read for anyone trying to get to the heart of finance and understand what really makes markets move.

Comment | 
Was this review helpful to you?
2 of 2 people found the following review helpful
By RK
Format:Hardcover
I really enjoyed this clever and enlightening book about the markets.

Most books on finance fit into one of 3 catagories

1. For beginners - a list of products and markets and how they are used
2. For the experts - how to mathematically model everything or what the rules and regulations are.
3. The 'I'm the greatest, do it my way' theme of (auto-)biographies.

But here is a book that neatly bypasses these genres and combines the authors vast experience inside the markets to explain the core elements of finance, and slaughters many of the 'sacred cows' about financial experts, economists and chartists. It tells the true story about markets you won't see on business TV or read in the newspapers.

The author writes in a wry, easy going and witty style with some fascinating examples from the past, that he neatly folds into the present day financial scene.

A worthwhile read for anyone trying to get to the heart of finance and how markets really operate.

Comment | 
Was this review helpful to you?
Most Helpful Customer Reviews on Amazon.com (beta)
Amazon.com:  2 reviews
4 of 5 people found the following review helpful
trenchant analysis of the market 17 Sep 2003
By A Customer - Published on Amazon.com
Format:Hardcover
Gerald Ashley's book is a trenchant analysis of many issues associated with the stock market. Calling on his own extensive experience and utilizing a variety of keen arguments, he clearly explains the failure of technical analysis, the appeal of behavioral finance, and a host of other matters. A very satisfying read.
Excellent Trading book for intermediate/advanced traders 9 April 2008
By Edward R. Lovette - Published on Amazon.com
Format:Hardcover
This book gives you the tools to perform proper risk analysis and gives excellent guidance on trade sizing and risk analysis with a focus on asset allocation and portfolio management.
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