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I was scared to see terms like 'exponentially weighted moving average model' and 'covariance matrices' along ...
on 26 June 2015
As someone who is interested in finance but is in no ways mathematically inclined (yes we exist), I was scared to see terms like 'exponentially weighted moving average model' and 'covariance matrices' along with loads of other models I can't pronounce pop up in this book. It does, however, give you a good introduction into the world of banking, the different types of banks and institutions etc. as well as a good introduction into hedge funds and mutual funds. It also has a good chapter on derivatives such as forwards, futures, options, swaps etc. If you're just starting a course in finance, however, don't read too far in as it starts to read more Greek than English.....i.e. more math-sy