Finally, it's here: a practical, straightforward book on how to manage those uncertainties. It contains clear illustrations of how futures, options, and swaps work to curb risk. Written for a businessperson by a businessperson, this handbook explains:
The mechanics of hedging
How hedging protects wealth
How to achieve more predictable earnings amid the unpredictable
Specific examples of hedging
Hedging opportunities and pitfalls
Hedging Demystified is an essential guide to any business that deals with commodities, debt, international trade, or weather. This primer on hedging brings clarity and direction to make your business more sustainable. The e-book version comes with fully linked index, glossary, and helpful webpages.
About the Author: A CPA and former corporate treasurer with over thirty years of business experience, TIM BISHOP has seen hedging from all anglesas scout, strategist, tactician, trader, accountant, supervisor, and treasurer. He knows how to distill the complexities of financial risk for people who are looking for answers.