Bonds are not forever [[electronic resource] ] : the crisis facing fixed income investors / / Simon A. Lack |
Autore | Lack Simon <1962-> |
Edizione | [1st edition] |
Pubbl/distr/stampa | Hoboken, N.J., : John Wiley & Sons, Inc., 2013 |
Descrizione fisica | 1 online resource (242 p.) |
Disciplina | 332.63/23 |
Soggetto topico |
Bonds
Fixed-income securities Investments Capital market |
ISBN |
1-118-65970-8
1-118-65947-3 1-118-65960-0 |
Formato | Materiale a stampa |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Nota di contenuto |
Bonds Are Not Forever: The Crisis Facing Fixed Income Investors; Copyright; Contents; Preface; Acknowledgments; Chapter 1: From High School to Wall Street-The Bull Market Begins: Inflation Memories; As Bad as It Gets; Trading in Gilts; The Old Class Structure; A Nineteenth-Century Market; Finance Starts to Grow; Is Finance Good?; Investing After the Bubble; Chapter 2: A Brief History of Debt; Interest Rates in Ancient Times; Medieval Credit; The Beginnings of Modern-Day Finance; Borrowing Reaches the Mass Market; Student Debt; Big Borrowers in History; What We Owe Now
Chapter 3: Derivatives Growth Welcome to New York; Early Derivatives Growth; Swaps Take Off; Size Isn't Everything; Derivatives Reach Omaha; Norwegian Wood; Chapter 4: Bond Market Inefficiencies for Retail: A Simple Market Model; Stocks Are Fairer Than Bonds; Why Change Is Slow; Structured Notes; The Internet Threatens the Swaps Oligopoly; Municipal Bonds; Chapter 5: Trading Derivatives: Before Banks Were Exciting; Computers and Swaps; Should Banks Innovate?; Growth in Innovation; Volcker's Problem; Bring Me Clients with a Problem; Derivatives Missteps; Trading by the Book An Options Book Blows Up Chapter 6: Politics: Government-Controlled Investing; Why Should We Worry?; Who Says There Is a Problem?; Look to the Future; Looking Ahead; Monetization-A Thought Experiment; Imperial Overstretch; More Debt Means More Banking; Chapter 7: Managing Risk 1990-1998: Risk-Oriented Market Making; Traders and Risk; Why Traders Are Bad at Budgeting; The Growth of Global Trading; Managing Obscure Basic Risks; What's the Social Purpose?; Wall Street Fuels the Debt Growth; Chapter 8: Inflation: A Brief History; Germany's Defining Economic Experience; Inflation Today The Fed's Huge Mistake You Can't Spend Quality Improvements; What Critics Say; Measuring What They Can, Not What Counts; Chapter 9: Bonds Are Not Forever: Putting It All Together; Wall Street Built It; Make Your Own Bond; High Dividend, Low Beta; Hedged Dividend Capture; Master Limited Partnerships (MLPs); Deep Value Equities; Debt Is Bad; Bonds Are Not Forever; References; Glossary; About the Author; Index |
Record Nr. | UNINA-9910139006603321 |
Lack Simon <1962-> | ||
Hoboken, N.J., : John Wiley & Sons, Inc., 2013 | ||
Materiale a stampa | ||
Lo trovi qui: Univ. Federico II | ||
|
Bonds are not forever : the crisis facing fixed income investors / / Simon A. Lack |
Autore | Lack Simon <1962-> |
Edizione | [1st edition] |
Pubbl/distr/stampa | Hoboken, N.J., : John Wiley & Sons, Inc., 2013 |
Descrizione fisica | 1 online resource (242 p.) |
Disciplina | 332.63/23 |
Soggetto topico |
Bonds
Fixed-income securities Investments Capital market |
ISBN |
9781118659700
1118659708 9781118659472 1118659473 9781118659601 1118659600 |
Formato | Materiale a stampa |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Nota di contenuto |
Bonds Are Not Forever: The Crisis Facing Fixed Income Investors; Copyright; Contents; Preface; Acknowledgments; Chapter 1: From High School to Wall Street-The Bull Market Begins: Inflation Memories; As Bad as It Gets; Trading in Gilts; The Old Class Structure; A Nineteenth-Century Market; Finance Starts to Grow; Is Finance Good?; Investing After the Bubble; Chapter 2: A Brief History of Debt; Interest Rates in Ancient Times; Medieval Credit; The Beginnings of Modern-Day Finance; Borrowing Reaches the Mass Market; Student Debt; Big Borrowers in History; What We Owe Now
Chapter 3: Derivatives Growth Welcome to New York; Early Derivatives Growth; Swaps Take Off; Size Isn't Everything; Derivatives Reach Omaha; Norwegian Wood; Chapter 4: Bond Market Inefficiencies for Retail: A Simple Market Model; Stocks Are Fairer Than Bonds; Why Change Is Slow; Structured Notes; The Internet Threatens the Swaps Oligopoly; Municipal Bonds; Chapter 5: Trading Derivatives: Before Banks Were Exciting; Computers and Swaps; Should Banks Innovate?; Growth in Innovation; Volcker's Problem; Bring Me Clients with a Problem; Derivatives Missteps; Trading by the Book An Options Book Blows Up Chapter 6: Politics: Government-Controlled Investing; Why Should We Worry?; Who Says There Is a Problem?; Look to the Future; Looking Ahead; Monetization-A Thought Experiment; Imperial Overstretch; More Debt Means More Banking; Chapter 7: Managing Risk 1990-1998: Risk-Oriented Market Making; Traders and Risk; Why Traders Are Bad at Budgeting; The Growth of Global Trading; Managing Obscure Basic Risks; What's the Social Purpose?; Wall Street Fuels the Debt Growth; Chapter 8: Inflation: A Brief History; Germany's Defining Economic Experience; Inflation Today The Fed's Huge Mistake You Can't Spend Quality Improvements; What Critics Say; Measuring What They Can, Not What Counts; Chapter 9: Bonds Are Not Forever: Putting It All Together; Wall Street Built It; Make Your Own Bond; High Dividend, Low Beta; Hedged Dividend Capture; Master Limited Partnerships (MLPs); Deep Value Equities; Debt Is Bad; Bonds Are Not Forever; References; Glossary; About the Author; Index |
Record Nr. | UNINA-9910822182603321 |
Lack Simon <1962-> | ||
Hoboken, N.J., : John Wiley & Sons, Inc., 2013 | ||
Materiale a stampa | ||
Lo trovi qui: Univ. Federico II | ||
|
The hedge fund mirage [[electronic resource] ] : the illusion of big money and why it's too good to be true / / Simon Lack |
Autore | Lack Simon <1962-> |
Edizione | [1.] |
Pubbl/distr/stampa | Hoboken, N.J., : Wiley, c2012 |
Descrizione fisica | 1 online resource (207 p.) |
Disciplina | 332.64/524 |
Soggetto topico |
Hedge funds
Investments |
Soggetto genere / forma | Electronic books. |
ISBN |
1-283-40182-7
9786613401823 1-118-20618-5 |
Formato | Materiale a stampa |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Nota di contenuto |
The Hedge Fund Mirage; Contents; Introduction; Acknowledgments; Chapter 1: The Truth about Hedge Fund Returns; How to Look at Returns; Digging into the Numbers; The Investor's View of Returns; How the Hedge Fund Industry Grew; The Only Thing That Counts Is Total Profits; Hedge Funds Are Not Mutual Funds; Summary; Chapter 2: The Golden Age of Hedge Funds; Hedge Funds as Clients; Building a Hedge Fund Portfolio; The Interview Is the Investment Research; Long Term Capital Management; Too Many Bank Mergers; Summary; Chapter 3: The Seeding Business; How a Venture Capitalist Looks at Hedge Funds
From Concept to the Real Deal Searching for That Rare Gem; Everybody Has a Story; Some Things Shouldn't Be Hedged; The Hedge Fund as a Business; Summary; Chapter 4: Where Are the Customers' Yachts?; How Much Profit Is There Really?; Investors Jump In; Fees on Top of More Fees; Drilling Down by Strategy; How to Become Richer Than Your Clients; Summary; Chapter 5: 2008-The Year Hedge Funds Broke Their Promise to Investors; Financial Crisis, 1987 Version; How 2008 Redefined Risk; The Hedge Fund as Hotel California; Timing and Tragedy; In 2008, Down Was a Long Way; Summary Chapter 6: The Unseen Costs of Admission How Some Investors Pay for Others; My Mid-Market or Yours?; The Benefits of Keen Eyesight; Show Me My Money; Summary; Chapter 7: The Hidden Costs of Being Partners; Limited Partners, Limited Rights; Friends with no Benefits; Watching the Legal Costs; Summary; Chapter 8: Hedge Fund Fraud; More Crooks Than You Think; Madoff; Know Your Audience; Accounting Arbitrage 101; Checking the Background Check; Politically Connected and Crooked?; Paying Your Bills with Their Money; Why It's Hard to Invest in Russia; After Hours Due Diligence; Summary Chapter 9: Why Less Can Be More with Hedge Funds There Are Still Winners; Avoid the Crowds; Why Size Matters; Where Will They Invest All This Money?; Summary; Afterword; Bibliography; About the Author; Index |
Record Nr. | UNINA-9910461463203321 |
Lack Simon <1962-> | ||
Hoboken, N.J., : Wiley, c2012 | ||
Materiale a stampa | ||
Lo trovi qui: Univ. Federico II | ||
|
The hedge fund mirage [[electronic resource] ] : the illusion of big money and why it's too good to be true / / Simon Lack |
Autore | Lack Simon <1962-> |
Edizione | [1.] |
Pubbl/distr/stampa | Hoboken, N.J., : Wiley, c2012 |
Descrizione fisica | 1 online resource (207 p.) |
Disciplina | 332.64/524 |
Soggetto topico |
Hedge funds
Investments |
ISBN |
1-118-20620-7
1-283-40182-7 9786613401823 1-118-20618-5 |
Classificazione | BUS036000 |
Formato | Materiale a stampa |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Nota di contenuto |
The Hedge Fund Mirage; Contents; Introduction; Acknowledgments; Chapter 1: The Truth about Hedge Fund Returns; How to Look at Returns; Digging into the Numbers; The Investor's View of Returns; How the Hedge Fund Industry Grew; The Only Thing That Counts Is Total Profits; Hedge Funds Are Not Mutual Funds; Summary; Chapter 2: The Golden Age of Hedge Funds; Hedge Funds as Clients; Building a Hedge Fund Portfolio; The Interview Is the Investment Research; Long Term Capital Management; Too Many Bank Mergers; Summary; Chapter 3: The Seeding Business; How a Venture Capitalist Looks at Hedge Funds
From Concept to the Real Deal Searching for That Rare Gem; Everybody Has a Story; Some Things Shouldn't Be Hedged; The Hedge Fund as a Business; Summary; Chapter 4: Where Are the Customers' Yachts?; How Much Profit Is There Really?; Investors Jump In; Fees on Top of More Fees; Drilling Down by Strategy; How to Become Richer Than Your Clients; Summary; Chapter 5: 2008-The Year Hedge Funds Broke Their Promise to Investors; Financial Crisis, 1987 Version; How 2008 Redefined Risk; The Hedge Fund as Hotel California; Timing and Tragedy; In 2008, Down Was a Long Way; Summary Chapter 6: The Unseen Costs of Admission How Some Investors Pay for Others; My Mid-Market or Yours?; The Benefits of Keen Eyesight; Show Me My Money; Summary; Chapter 7: The Hidden Costs of Being Partners; Limited Partners, Limited Rights; Friends with no Benefits; Watching the Legal Costs; Summary; Chapter 8: Hedge Fund Fraud; More Crooks Than You Think; Madoff; Know Your Audience; Accounting Arbitrage 101; Checking the Background Check; Politically Connected and Crooked?; Paying Your Bills with Their Money; Why It's Hard to Invest in Russia; After Hours Due Diligence; Summary Chapter 9: Why Less Can Be More with Hedge Funds There Are Still Winners; Avoid the Crowds; Why Size Matters; Where Will They Invest All This Money?; Summary; Afterword; Bibliography; About the Author; Index |
Record Nr. | UNINA-9910789711503321 |
Lack Simon <1962-> | ||
Hoboken, N.J., : Wiley, c2012 | ||
Materiale a stampa | ||
Lo trovi qui: Univ. Federico II | ||
|
The hedge fund mirage : the illusion of big money and why it's too good to be true / / Simon Lack |
Autore | Lack Simon <1962-> |
Edizione | [1.] |
Pubbl/distr/stampa | Hoboken, N.J., : Wiley, c2012 |
Descrizione fisica | 1 online resource (207 p.) |
Disciplina | 332.64/524 |
Soggetto topico |
Hedge funds
Investments |
ISBN |
1-118-20620-7
1-283-40182-7 9786613401823 1-118-20618-5 |
Classificazione | BUS036000 |
Formato | Materiale a stampa |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Nota di contenuto |
The Hedge Fund Mirage; Contents; Introduction; Acknowledgments; Chapter 1: The Truth about Hedge Fund Returns; How to Look at Returns; Digging into the Numbers; The Investor's View of Returns; How the Hedge Fund Industry Grew; The Only Thing That Counts Is Total Profits; Hedge Funds Are Not Mutual Funds; Summary; Chapter 2: The Golden Age of Hedge Funds; Hedge Funds as Clients; Building a Hedge Fund Portfolio; The Interview Is the Investment Research; Long Term Capital Management; Too Many Bank Mergers; Summary; Chapter 3: The Seeding Business; How a Venture Capitalist Looks at Hedge Funds
From Concept to the Real Deal Searching for That Rare Gem; Everybody Has a Story; Some Things Shouldn't Be Hedged; The Hedge Fund as a Business; Summary; Chapter 4: Where Are the Customers' Yachts?; How Much Profit Is There Really?; Investors Jump In; Fees on Top of More Fees; Drilling Down by Strategy; How to Become Richer Than Your Clients; Summary; Chapter 5: 2008-The Year Hedge Funds Broke Their Promise to Investors; Financial Crisis, 1987 Version; How 2008 Redefined Risk; The Hedge Fund as Hotel California; Timing and Tragedy; In 2008, Down Was a Long Way; Summary Chapter 6: The Unseen Costs of Admission How Some Investors Pay for Others; My Mid-Market or Yours?; The Benefits of Keen Eyesight; Show Me My Money; Summary; Chapter 7: The Hidden Costs of Being Partners; Limited Partners, Limited Rights; Friends with no Benefits; Watching the Legal Costs; Summary; Chapter 8: Hedge Fund Fraud; More Crooks Than You Think; Madoff; Know Your Audience; Accounting Arbitrage 101; Checking the Background Check; Politically Connected and Crooked?; Paying Your Bills with Their Money; Why It's Hard to Invest in Russia; After Hours Due Diligence; Summary Chapter 9: Why Less Can Be More with Hedge Funds There Are Still Winners; Avoid the Crowds; Why Size Matters; Where Will They Invest All This Money?; Summary; Afterword; Bibliography; About the Author; Index |
Record Nr. | UNINA-9910811358603321 |
Lack Simon <1962-> | ||
Hoboken, N.J., : Wiley, c2012 | ||
Materiale a stampa | ||
Lo trovi qui: Univ. Federico II | ||
|
Wall Street potholes : insights from top money managers on avoiding dangerous products / / Simon Lack |
Autore | Lack Simon <1962-> |
Edizione | [1st edition] |
Pubbl/distr/stampa | Hoboken, New Jersey : , : Wiley, , 2016 |
Descrizione fisica | 1 online resource (258 p.) |
Disciplina | 332.6 |
Soggetto topico |
Investments
Portfolio management Finance, Personal |
ISBN |
1-119-09325-2
1-119-09329-5 1-119-09330-9 |
Formato | Materiale a stampa |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Nota di contenuto |
Cover ; Title Page ; Copyright ; Contents ; Preface ; Acknowledgments ; Chapter 1 Non-traded REITs: A Security That Shouldn't Exist ; Poor Advice ; Why Not Get a Listing? ; Disingenuous Advice ; Whose Side Is Your Financial Advisor On? ; Where Are the Regulators?
Overall Returns Are Poor The Importance of Benchmarking ; Puts and Calls ; Financial Advisors Need to Do Better ; Chapter 2 Why Investors Pay Too Much for Yield ; The Mysteries of Closed-End Funds ; Investors Can Overpay to Simplify Their Taxes ; The HFT Tax When Managers Run a Company for Themselves The Ham Sandwich Test ; If the Prospectus Says You'll Be Ripped Off, It Must Be Legal ; Timing Is Everything ; Chapter 3 Why Structured Notes Are Rarely the Best Choice ; Caveat Emptor! ; Structured Note Basics ; Why Buy Structured Notes? The Heart of the Matter: The Arguments Against Costs: These Notes Are Expensive ; Liquidity (or Lack Thereof); Complexity, Suitability, and the Individual Investor; Chapter 4 Update to The Hedge Fund Mirage ; Hedge Funds Remain a Great Business ; Industry Reaction to the Dismal Truth ; Why Hedge Funds Are Still Growing Some Accounting Rules Are Dumb Politics Drives Asset Flows ; Too Much Capital ; For Once, the Retail Investor Wasn't Duped ; Chapter 5 Why Is Wall Street So Inefficient? ; Why Is Finance So Expensive? ; Trading Doesn't Build a Secure Retirement ; Invest Time before Money Sex and Investing |
Record Nr. | UNINA-9910131420903321 |
Lack Simon <1962-> | ||
Hoboken, New Jersey : , : Wiley, , 2016 | ||
Materiale a stampa | ||
Lo trovi qui: Univ. Federico II | ||
|
Wall Street potholes : insights from top money managers on avoiding dangerous products / / Simon Lack |
Autore | Lack Simon <1962-> |
Edizione | [1st edition] |
Pubbl/distr/stampa | Hoboken, New Jersey : , : Wiley, , 2016 |
Descrizione fisica | 1 online resource (258 p.) |
Disciplina | 332.6 |
Soggetto topico |
Investments
Portfolio management Finance, Personal |
ISBN |
1-119-09325-2
1-119-09329-5 1-119-09330-9 |
Formato | Materiale a stampa |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Nota di contenuto |
Cover ; Title Page ; Copyright ; Contents ; Preface ; Acknowledgments ; Chapter 1 Non-traded REITs: A Security That Shouldn't Exist ; Poor Advice ; Why Not Get a Listing? ; Disingenuous Advice ; Whose Side Is Your Financial Advisor On? ; Where Are the Regulators?
Overall Returns Are Poor The Importance of Benchmarking ; Puts and Calls ; Financial Advisors Need to Do Better ; Chapter 2 Why Investors Pay Too Much for Yield ; The Mysteries of Closed-End Funds ; Investors Can Overpay to Simplify Their Taxes ; The HFT Tax When Managers Run a Company for Themselves The Ham Sandwich Test ; If the Prospectus Says You'll Be Ripped Off, It Must Be Legal ; Timing Is Everything ; Chapter 3 Why Structured Notes Are Rarely the Best Choice ; Caveat Emptor! ; Structured Note Basics ; Why Buy Structured Notes? The Heart of the Matter: The Arguments Against Costs: These Notes Are Expensive ; Liquidity (or Lack Thereof); Complexity, Suitability, and the Individual Investor; Chapter 4 Update to The Hedge Fund Mirage ; Hedge Funds Remain a Great Business ; Industry Reaction to the Dismal Truth ; Why Hedge Funds Are Still Growing Some Accounting Rules Are Dumb Politics Drives Asset Flows ; Too Much Capital ; For Once, the Retail Investor Wasn't Duped ; Chapter 5 Why Is Wall Street So Inefficient? ; Why Is Finance So Expensive? ; Trading Doesn't Build a Secure Retirement ; Invest Time before Money Sex and Investing |
Record Nr. | UNINA-9910808560403321 |
Lack Simon <1962-> | ||
Hoboken, New Jersey : , : Wiley, , 2016 | ||
Materiale a stampa | ||
Lo trovi qui: Univ. Federico II | ||
|