Preparing for the Worst
Preparing for the Worst: Incorporating Downside Risk in Stock Market Investments by Hrishikesh D. Vinod
English | 9 Nov. 2004 | ISBN: 0471234427 | 321 Pages | PDF | 3 MB
English | 9 Nov. 2004 | ISBN: 0471234427 | 321 Pages | PDF | 3 MB
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.