Description
Book SynopsisTake the risk out of financial risk management Written by bestselling author and past winner of the GARP Award's Risk Manager of the Year, Aaron Brown, Financial Risk Management For Dummies offers thorough and accessible guidance on successfully managing and controlling financial risk within your company.
Trade ReviewAaron Brown has produced much more than a how-to manual. Few financial books provide so much solid instruction in as lively and provocative fashion.
Financial Risk Management for Dummies ranks with the ten great books on risk.
- Martin S. Fridson, CFA, chief investment officer at Lehmann, Livian, Fridson Advisors, LLC, New York City
Table of ContentsIntroduction 1
Part I: Getting Started with Risk Management 5
Chapter 1: Living with Risk.7
Chapter 2: Understanding Risk Models 23
Chapter 3: Taking Charge of Risk 41
Chapter 4: Managing Financial Risk 57
Chapter 5: Functions of a Financial Risk Manager 73
Part II: Measuring Financial Risk 85
Chapter 6: Valuing Risk.87
Chapter 7: Stress Testing for Success 109
Chapter 8: Speaking Greek 125
Chapter 9: Accounting for Extremes 145
Part III: Managing Financial Risk 163
Chapter 10: Setting Limits.165
Chapter 11: Stopping Losses 181
Chapter 12: Controlling Drawdowns 199
Chapter 13: Hedging Bets 215
Part IV: Working in Financial Institutions 237
Chapter 14: Trading Places 239
Chapter 15: Banking on Risk 249
Chapter 16: Managing Assets and Portfolios 261
Chapter 17: Insuring Risk 271
Part V: Communicating Risk 283
Chapter 18: Reporting Risk 285
Chapter 19: Regulating Finance 299
Part VI: The Part of Tens 317
Chapter 20: Ten One-Minute Risk Management Tips 319
Chapter 21: Ten Days that Shook the (Financial) World 327
Chapter 22: Ten Great Risk Managers in History 341
Chapter 23: Ten Great Risk Books 349
Index 355
