Reviews
I started studying economics and bought it to make it a little bit more useful.
It's a post-advertise document. It's easy to explain, it's easier to read and access, but it'll not be appropriate if you want a deep knowledge. Good new book.
I've never heard of financial engineering. Technology is a way of making science look like it, and finance is science. Something has rules in it. The definition of financial engineering in the book is "a more oral theory that supports derivatives and risk management.". So what's derivative here? The introductions to stock or bank accounts seem to have shown a lot of data about derivatives. I was scared because I didn't know what ordinary people like me were, and so I stayed on a simple
Naoya Tabuchi: Financial Engineering
What if you can't get the sense of what I'm saying when I talk about financial transactions? What if the stock just started, and we still don't know what the economy is? You want to know the stream of money that goes in and out? We do some business, we live in very close relationship with finance, no matter what our lives are. This close-up, finance, has created a huge scale of modernization, and financial goods are getting more complicated with the day. In this setting, there is a new form of financial exchange called derivative goods, which can affect the world economy as well. You need to understand derivatives in order to understand modern finance. And it's financial engineering that supports this derivative. The social wave that has been created by the world's political affairs, such as presidential elections, natural disasters and financial crises, has a profound impact on financial markets. Investers in financial institutions and various financial goods need to arm themselves thoroughly with theories to prevent loss, so that risk management is also supported by financial engineering. You can trade earthquake risk and presidential elections for predictions? The Dutch Tulips deal with the idea of a wire line? The derivatives started in ancient Greece? If you can easily access the financial engineering and derivatives theory with the various concepts and examples that are presented in chapters 1 and 2 of this book, three will deal with the core financial engineering at the core of the derivative price theory and will absorb the economic principles that are close to the market.
Korean title: 금융공학
Korean author: 다부치 나오야
Korean publisher: 북스힐
ISBN-13: 9791159713033
Reviews
I started studying economics and bought it to make it a little bit more useful.
It's a post-advertise document. It's easy to explain, it's easier to read and access, but it'll not be appropriate if you want a deep knowledge. Good new book.
I've never heard of financial engineering. Technology is a way of making science look like it, and finance is science. Something has rules in it. The definition of financial engineering in the book is "a more oral theory that supports derivatives and risk management.". So what's derivative here? The introductions to stock or bank accounts seem to have shown a lot of data about derivatives. I was scared because I didn't know what ordinary people like me were, and so I stayed on a simple
