Essays in Derivatives

Praise for Essays in Derivatives SECOND EDITION "This is the first book that anyone interested in derivatives should read. Don Chance shows his mastery of the subject through his ability to turn a complex area into something readable and useful. This is also the first book on derivatives that made me laugh out loud . . . and meant to do so. If nothing else, read it just to find out how the Book of Genesis is connected to derivatives history. Thank you, Don, for your years of work that led to this book." -David R. Koenig, Past Chair, Board of Directors, Professional Risk Managers' International Association "Professor Chance's Essays in Derivatives is a brilliantly conceived and executed book. I particularly like the very wide breadth of technical coverage gained through seventy-three essays that provide the essence of what is needed for practice. The essays are short and clearly written, but maintain satisfying depth." -Dennis W. McLeavey, CFA, DBA, Head of Education, EMEA, CFA Institute "This is a great collection of interesting and entertaining essays that takes the topic of derivatives far beyond the models and textbooks. I believe that both quants and managerial types will enjoy Don's unique perspective and insights." -Moshe A. Milevsky, PhD, Finance Professor, York University, and Executive Director, The IFID Centre "As the derivatives market becomes increasingly diverse and complicated, Chance has combined in one source a broad-reaching epic that is a must-read for all investment professionals." -Bud Haslett, CFA, FRM, Director of Option Analytics, Miller Tabak + Co., LLC "Don Chance possesses an unusual combination of sound technical insight and outstanding expositional skill. Essays on Derivatives provides the reader with a solid foundation in the subject while dispelling much of the gratuitous complexity that so often surrounds it. The book requires some diligent attention and perseverance, but it is accessible to curious non-specialists with only a minimum of mathematical training. I recommend it to any business generalist seeking a deeper understanding of this important topic. " -David M. Rowe, EVP for Risk Management at SunGard and long-time columnist for Risk magazineChance, Don M. is the author of 'Essays in Derivatives' with ISBN 9780470086254 and ISBN 0470086254.