Know Your Chances

Know Your Chances PDF Author: Steven Woloshin
Publisher: Univ of California Press
ISBN: 0520252225
Category : Family & Relationships
Languages : en
Pages : 154

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Book Description
Understanding risk -- Putting risk in perspective -- Risk charts : a way to get perspective -- Judging the benefit of a health intervention -- Not all benefits are equal : understand the outcome -- Consider the downsides -- Do the benefits outweight the downsides? -- Beware of exaggerated importance -- Beware of exaggerated certainty -- Who's behind the numbers?

Know Your Chances

Know Your Chances PDF Author: Steven Woloshin
Publisher: Univ of California Press
ISBN: 0520252225
Category : Family & Relationships
Languages : en
Pages : 154

Get Book Here

Book Description
Understanding risk -- Putting risk in perspective -- Risk charts : a way to get perspective -- Judging the benefit of a health intervention -- Not all benefits are equal : understand the outcome -- Consider the downsides -- Do the benefits outweight the downsides? -- Beware of exaggerated importance -- Beware of exaggerated certainty -- Who's behind the numbers?

Risk and the Smart Investor

Risk and the Smart Investor PDF Author: David C. Martin
Publisher: McGraw Hill Professional
ISBN: 0071743502
Category : Business & Economics
Languages : en
Pages : 289

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Book Description
Master the most important investing skill of all—DECISION MAKING “De-risking your investments requires knowing that there is much you don’t know.” –David X Martin Risk exists because of one simple fact: Decisions are always based on incomplete information. Therefore, to meet your investment goals over the long term, you must learn to manage the risks associated with a decision-making process that is by nature flawed. Risk and the Smart Investor provides a framework for making such decisions. Avoiding unrealistic promises of completely risk-free investing, world-renowned risk management expert David X Martin familiarizes you with the principles of risk management. Based on Martin’s experience in managing risk at several of the world’s largest financial institutions, this principlebased approach presents a unique perspective that helps you manage the risk in every investment you make. Risk and the Smart Investor provides not only a framework for managing risk in today’s markets, it also prepares you to handle the next financial crisis—which is coming, sooner or later—by separating risk management into four separate processes: Assessment—know where you are, but accept the fact that you cannot know everything The Rules of the Game—determine your appetite for risk, diversify accordingly, demand transparency, and institute checks and balances Decision Making—consider all alternatives, fit your plans into specific time frames, and always have an exit strategy Reevaluation—continually monitor the outcomes of your decisions and learn from your mistakes Praise for Risk and the Smart Investor “Interesting and instructive. A good book for those who want to learn about risk and build this knowledge into their financial decisions.” —John Reed, former CEO, Citigroup “David Martin has produced a popular yet serious post-financial crisis reflection on the fundamentals of risk management as a living process. Rich in experience and wisdom, Risk and the Smart Investor is both a useful handbook brimming with insights, and a moral tale for our times. Simply a must-read for every serious investor, risk manager, and just about everyone else.” —Michael Power, professor, London School of Economics and Political Science “David Martin knows risk and the active investor and his book proves it.” —Jerry Lieberman “This book is like having your own mentor to guide you through risk management decisions.” —William Rhodes, Chairman, Citigroup and Citibank

Financial Risk Tolerance: A Psychometric Review

Financial Risk Tolerance: A Psychometric Review PDF Author: John E. Grable
Publisher: CFA Institute Research Foundation
ISBN: 1944960201
Category : Business & Economics
Languages : en
Pages : 27

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Book Description
This content provides financial analysts, investment professionals, and financial planners with a review of how financial risk-tolerance tests can and should be evaluated. It begins by clarifying terms related to risk taking and is followed by a broad overview of two important measurement terms: validity and reliability. It concludes with examples for practice.

How Much Risk?

How Much Risk? PDF Author: Inge F. Goldstein
Publisher: Oxford University Press, USA
ISBN: 0195139941
Category : Medical
Languages : en
Pages : 353

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Book Description
An excellent critical analysis and scientific assessment of the nature and actual level of risk leading environmental health hazards pose to the public. Issues such as radiation from nuclear testing, radon in the home, and the connection between electromagnetic fields and cancer, environmental factors and asthma, pesticides and breast cancer and leukaemia clusters around nuclear plants are discussed and how scientists assess these risks is illuminated. This book will enable readers to better understand environmental health issues and with the proper scientific understanding, make informed, rational decisions about them.

Smart Health Choices

Smart Health Choices PDF Author: Les Irwig
Publisher: Judy Irwig
ISBN: 1905140177
Category : Health & Fitness
Languages : en
Pages : 255

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Book Description
Every day we make decisions about our health - some big and some small. What we eat, how we live and even where we live can affect our health. But how can we be sure that the advice we are given about these important matters is right for us? This book will provide you with the right tools for assessing health advice.

Margin of Safety

Margin of Safety PDF Author: Seth A. Klarman
Publisher: Harpercollins
ISBN: 9780887305108
Category : Business & Economics
Languages : en
Pages : 249

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Book Description
Tells how to avoid investment fads, explains the basic concepts of value-investment philosophy, and offers advice on portfolio management

Risk Less and Prosper

Risk Less and Prosper PDF Author: Zvi Bodie
Publisher: John Wiley & Sons
ISBN: 1118014308
Category : Business & Economics
Languages : en
Pages : 227

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Book Description
A practical guide to getting personal investing right Somewhere along the way, something has gone very wrong with the way individuals save and invest. Too often, households are drawn in by promotional suggestions masquerading as impartial investment advice. Consumers get saddled with more risk than they realize. Authors Zvi Bodie and Rachelle Taqqu understand the dilemma that today's investors face, and with Risk Less and Prosper they will help you find your financial footing. Written in an accessible style, this practical guide skillfully explains why personal investing is all about you—your goals, your values and your career path. It shows how to understand investment risk and choose the particular blend of risk and safety that is right for you. And it lays out several simple yet powerful ways for small investors to cast a reliable safety net to achieve their financial goals and truly prosper. Coauthors Bodie and Taqqu challenge the myth that all investments require risk, then highlight some important risks that families often disregard when deciding where to put their money. Later, they connect the dots between investment and investor, showing us all how to grasp our own investment risk profiles and how we may use these insights to make more fitting investment choices. Outlines a straightforward way to invest by aligning your investments with your goals and the risk levels you can bear Provides basic investment abc's for readers who are otherwise literate Lays out a simple, actionable plan for achieving your goals Explains the role of risk-free assets and investment insurance in assuring that you reach your most essential goals Contrary to popular belief, investing doesn't have to be complicated. You can build wealth without taking great risks. Risk Less and Prosper will show you how to make investment decisions that will make your financial life less stressful and more profitable.

How Much Risk?

How Much Risk? PDF Author: Inge F. Goldstein
Publisher: Oxford University Press
ISBN: 9780198032052
Category : Medical
Languages : en
Pages : 360

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Book Description
An excellent critical analysis and scientific assessment of the nature and actual level of risk leading environmental health hazards pose to the public. Issues such as radiation from nuclear testing, radon in the home, and the connection between electromagnetic fields and cancer, environmental factors and asthma, pesticides and breast cancer and leukemia clusters around nuclear plants are discussed, and how scientists assess these risks is illuminated. This book will enable readers to better understand environmental health issues, and with the proper scientific understanding, make informed, rational decisions about them.

Investment Risk Management

Investment Risk Management PDF Author: Harold Kent Baker
Publisher: Oxford University Press, USA
ISBN: 0199331960
Category : Business & Economics
Languages : en
Pages : 709

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Book Description
Investment Risk Management provides an overview of developments in risk management and a synthesis of research on the subject. The chapters examine ways to alter exposures through measuring and managing risk exposures and provide an understanding of the latest strategies and trends within risk management.

Trading Risk

Trading Risk PDF Author: Kenneth L. Grant
Publisher: John Wiley & Sons
ISBN: 1118045823
Category : Business & Economics
Languages : en
Pages : 277

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Book Description
Revolutionary techniques that traders can implement to improve profits and avoid losses No trader, professional or individual, can afford not to have a solid risk management program integrated into his or her trading system. But finding a precise mathematical model to replace subjective decision-making processes is a challenge. Traditionally, risk management has focused solely on loss avoidance, but in Trading Risk, hedge fund risk manager Kenneth Grant presents some-thing completely new—how to manage a portfolio to minimize risk and increase profits by putting more capital at risk. Trading Risk details a risk management program that can help both money managers and individual traders evaluate which elements in a portfolio are working efficiently and which aren’t. By illustrating an extremely simple set of statistical and arithmetic tools this book can help readers enhance their performance in many financial markets. Kenneth L.Grant is Cheyne’s Global Risk Manager, and is the Managing Member for Cheyne Capital, LLC, the firm’s U.S. arm. Mr. Grant is a pioneer in the field of hedge fund risk management and capital allocation. Before joining Cheyne, he created risk control programs at two of the world’s leading hedge funds, Tudor Investments and SAC Capital, where he was eventually promoted to the title of Chief Investment Strategist. Mr. Grant holds a Bachelor of Science in Economics and Mathematics from the University of Wisconsin, an MA in Economics from Columbia University, and an MBA from the University of Chicago Graduate School of Business.