Three experts provide an authoritative guide to the theory and practice of derivatives Derivatives: Theory and Practice and its companion website explore the practical uses of derivatives and offer a guide to the key results on pricing, hedging and speculation using derivative securities. The book links the theoretical and practical aspects of derivatives in one volume whilst keeping mathematics and statistics to a minimum. Throughout the book, the authors put the focus on explanations and applications. Designed as an engaging resource, the book contains commentaries that make serious points in a lighthearted manner. The authors examine the real world of derivatives finance and include discussions on a wide range of topics such as the use of derivatives by hedge funds and the application of strip and stack hedges by corporates, while providing an analysis of how risky the stock market can be for long-term investors, and more. To enhance learning, each chapter contains learning objectives, worked examples, details of relevant finance blogs technical appendices and exercises.
The meaning of wealth has become one of the least understood concepts of our time. Whether you desire wealth, have wealth, or wish to redistribute wealth, the roadmaps to success have been painted over by outdated financial models, politically charged rhetoric, and the mistaken belief that at its core wealth is simply a number. Tailored Wealth Management meets you where you are: a new college graduate, a retiring CEO, a journeyman carpenter, or a compassionate philanthropist. The book educates readers with a deeper understanding of their place on the national and global scales of wealth. It proves that the term “wealthy” can apply as fittingly to a gas station attendant as it does to a gas company president. It empowers the reader with the causes and effects that allow wealth to accumulate, to produce income, and to re-shape society through responsible gifting and philanthropy. As American household wealth has recently crossed through $100 trillion, investors have become polarized between ineffective complexity versus blind “hope” simplicity. The under-funded pensions, retirement accounts, and social safety nets are a result of a failure of the status quo. Life, liberty, and the pursuit of happiness are not only inalienable rights but achievable goals open to the masses rather than the few. Tailored Wealth Management topples the walls that have quarantined families and individuals from becoming wealthy, staying wealthy, or passing the same on to the next generation and our communities. This book provides solutions for the active, passive, small, and large investor arming the reader with the causes that lead to the effect of success.
Ferguson tells the human story behind the evolution of money, from its origins in ancient Mesopotamia to the latest Wall Street upheavals. The author shows that finance is, in fact, the foundation of human progress.
This adjudication textbook uniquely brings together a comprehensive analysis of, and commentary on, the Construction Contracts Act 2013 with a real-world perspective of adjudication, considering the knowledge, process and skills parties and adjudicators require in order to successfully participate in the adjudication process. Drawing on combined experience of 40 years in construction law, the authors provide invaluable guidance for all stakeholders in the adjudication process. The authors analyse and comment on the adjudication provisions of the Construction Contracts Act and describe prudent practice and procedure required to comply with Irish adjudication law, including case studies, case law and sample documentation for those to be involved as the parties, or those who want to act as adjudicators. Aimed at contractors, sub-contractors, developers, employers, construction, engineering and legal professionals and students, all of whom are either involved, or have an interest, in dispute resolution and adjudication.
From a bestselling historian, a daringly revisionist history of World War I The Pity of War makes a simple and provocative argument: the human atrocity known as the Great War was entirely England's fault. According to Niall Ferguson, England entered into war based on naive assumptions of German aims, thereby transforming a Continental conflict into a world war, which it then badly mishandled, necessitating American involvement. The war was not inevitable, Ferguson argues, but rather was the result of the mistaken decisions of individuals who would later claim to have been in the grip of huge impersonal forces. That the war was wicked, horrific, and inhuman is memorialized in part by the poetry of men like Wilfred Owen and Siegfried Sassoon, but also by cold statistics. Indeed, more British soldiers were killed in the first day of the Battle of the Somme than Americans in the Vietnam War. And yet, as Ferguson writes, while the war itself was a disastrous folly, the great majority of men who fought it did so with little reluctance and with some enthusiasm. For anyone wanting to understand why wars are fought, why men are willing to fight them and why the world is as it is today, there is no sharper or more stimulating guide than Niall Ferguson's The Pity of War.
The Cash Nexus is the controversial history of money's central place in the world, from Niall Ferguson, bestselling author of Empire and Civilization Generations of historians have shied away from the truth behind the cliche: money makes the world go around. International bestseller Niall Ferguson answers the big questions about finance and its crucial place in bringing happiness and despair, warfare and welfare, boom and crash to nations buffeted by the onward march of history. Starting in 1700 and ending today, The Cash Nexus is a dazzling, powerful and controversial explanation of modern world history and the fundamental force that lurks behind it all. About the author: Niall Ferguson is one of Britain's most renowned historians. He is the author of Paper and Iron, The House of Rothschild, The Pity of War, Empire, Colossus, The War of the World, The Ascent of Money, High Financier, Civilization and The Great Degeneration. He has written and presented six highly successful television series for Channel Four: Empire, American Colossus, The War of the World, The Ascent of Money, Civilization and China: Triumph and Turmoil.
Economics in Minutes condenses key economics concepts into 200 short and easily digested essays. Featuring not only fundamental ideas, such as the role of money and how the stock market works, but also subjects that are increasingly important to us today - unemployment, government debt and corporate tax avoidance, for example - it is the ideal introduction to a complex contemporary field. Key topics are succinctly described and accompanied by illustrations, making them simple to read and easy to remember. This convenient little reference guide will allow readers to understand the theories underpinning a subject that affects our lives on a daily basis. Chapters include: Supply and demand, Globalization, Market failure, GDP and happiness, Risk and uncertainty, Living standards and productivity, Game theory, Economics and culture.
From the bestselling author of The Ascent of Money and The Square and the Tower In his rich and nuanced portrait of the remarkable, elusive Rothschild family, Oxford scholar and bestselling author Niall Ferguson uncovers the secrets behind the family's phenomenal economic success. He reveals for the first time the details of the family's vast political network, which gave it access to and influence over many of the greatest statesmen of the age. And he tells a family saga, tracing the importance of unity and the profound role of Judaism in the lives of a dynasty that rose from the confines of the Frankfurt ghetto and later used its influence to assist oppressed Jews throughout Europe. A definitive work of impeccable scholarship with a thoroughly engaging narrative, The House of Rothschild is a biography of the rarest kind, in which mysterious and fascinating historical figures finally spring to life.
In the summer of 2011, investors with Custom House Capital - some of whom had all their pension savings tied up with the investment house - faced a nightmare: the possibility that their money was gone, and that they wouldn't be getting it back. Finance journalist Niall Brady takes us behind the scenes for the first in-depth account of a disaster that has cost investors millions. He shows how clients' funds were mis-allocated to cover losses, how the Financial Regulator, though aware of irregularities at CHC for years, failed to forestall the crisis, and how it remains unclear, over a year after the scandal was uncovered, whether people will get their money back. His account of the strange culture and practices of CHC makes House of Cards a must-read for fans of Too Big to Fail and The Big Short. Niall Brady is a chartered accountant and a journalist with the Sunday Times. 'Damning ... Brady tells the tale of how the rogues still run rings around the protectors' Shane Ross, Sunday Independent 'One of the most shocking stories to have emerged in Ireland's economic bust' Cantillon, Irish Times 'Excellent concise read. Great story' Tom Lyons, author of The FitzPatrick Tapes
This new collection of stories from USA Today bestselling, multiple Bram Stoker winning author David Niall Wilson presents twenty-stories and a brand new, unpublished novella. Wilson’s work has been collected several times in digital only formats. This is the first major collection released since his award-nominated Defining Moments, and the subsequent collection Ennui & Other States of Madness. Included are several previously published works chosen by the author, along with seven previously unpublished stories, and the title piece, “The Devil’s in the Flaws,” a previously unpublished novella. “Reading The Devil’s in the Flaws and Other Dark Truths is a wild experience. Some of the tales are short, some a bit longer. The settings and plots pendulum from gritty realism to hyper-surreal. But the thread that runs through them all is David Niall’s Wilson uncanny ability to draw you into his world and render you helpless to look away no matter how uncomfortable you get. I absolutely loved this collection.” --Jonathan Janz, Author of Marla and The Siren and the Specter Included in this collection: Unique * The Milk of Paradise A Prayer for 0443 She Mourned * Anomaly One * You are Just Like Gods Interred * Etched Deep His Cold Gourd Heart * Fear of Flying * Little Ghosts * One Off from Prime If You Were Glass Angels Slider Teachable Moments * The Whirling Man The Last Patriot * Wayne's World The Devil's in the Flaws * * Original to this collection Wilson has nearly forty books in print including novels, tie-in work, children’s books and more. He is CEO of Crossroad Press, a cutting edge hybrid publishing company, and a previous president of the Horror Writer’s Association. His latest novel is an alternate history fantasy retelling of the Noah’s Ark story, Jurassic Ark. His upcoming works include the novel Tattered Remnants, a collection of short stories based in his fictional setting of Old Mill, North Carolina, and stories in several upcoming anthologies.
In this groundbreaking biography, based on more than 10,000 hitherto unavailable letters and diary entries, Niall Ferguson returns to his roots as a financial historian to tell the story of the extraordinary Siegmund Warburg. A refugee from Hitler's Germany, Warburg rose to become the dominant figure in the post-war City of London and one of the architects of European financial integration. Seared by events in the 1930s, when the long-established Warburg bank was first almost destroyed by the Depression and then 'Aryanized' by the Nazis, Warburg was determined that his own bank would learn from the past and contribute to the economic recovery of Britain, the unity of Western Europe and the birth of globalization. Siegmund Warburg was a complex and ambivalent man, as much a psychologist, politician and actor-manager as a banker. In High Financier Niall Ferguson reveals Warburg's idiosyncracies but above all he recaptures the meticulous business methods and strict ethical code that set Warburg apart from the mere speculators and traders who inhabit today's financial world.
From Civil Rights to Armalites traces and analyses the escalation of conflict in Northern Ireland from the first civil rights marches to the verge of full-scale civil war in 1972, focusing on the city of Derry. It explains how a peaceful civil rights campaign gave way to increasing violence, how the IRA became a major political force and how the British army became a major party to the conflict. It provides the essential context for understanding the events of Bloody Sunday and a new chapter brings significant new material to the public debate around the Bloody Sunday Inquiry.
From the bestselling author of The Ascent of Money and The Square and the Tower "Even those who have read widely in 20th-century history will find fresh, surprising details." —The Boston Globe "A fascinating read, thanks to Ferguson's gifts as a writer of clear, energetic narrative history." —The Washington Post Astonishing in its scope and erudition, this is the magnum opus that Niall Ferguson's numerous acclaimed works have been leading up to. In it, he grapples with perhaps the most challenging questions of modern history: Why was the twentieth century history's bloodiest by far? Why did unprecedented material progress go hand in hand with total war and genocide? His quest for new answers takes him from the walls of Nanjing to the bloody beaches of Normandy, from the economics of ethnic cleansing to the politics of imperial decline and fall. The result, as brilliantly written as it is vital, is a great historian's masterwork.
Excerpted from Niall Ferguson’s sprawling bestseller The War of the World, The Abyss now stands on its own as one of the most thrilling short histories of World War I ever written. This is not a conventional military history about battles and generals. Rather, The Abyss examines how World War I saw the birth of total war—fought between societies as much as armies—and must therefore be understood in terms of the financial crises it unleashed, the multinational empires it destroyed, and the hateful ideas it propagated. The most remarkable thing about the war, Ferguson shows us, is how shockingly unexpected it was. At a time when economic integration and technology seemed to be rendering war between great powers impossible, World War I was the moment when that process went into reverse and the lethal forces of ethnic disintegration took over. Now, on the cusp of the 100th anniversary of its outbreak, we can see World War I as much more than just four years of industrialized slaughter. Weaving together the economics of empire and the ideology of race—and featuring an original preface by the author as well a teaser from his new paperback Civilization—The Abyss is world history at its finest.
Consideration of the body as a subject for study has increased in recent years with new technologies, forms of modification, debates about obesity and issues of age being brought into focus by the media. Drawing on contemporary culture, Body Studies: The Basics introduces readers to the key concerns and debates surrounding the study of the sociological body, cutting across disciplines to cover topics which include: Nature vs. Culture: how we ‘build’ and transform our bodies Conformity and resistance in bodily practice Issues of body image – beauty, diet, exercise and age Sporting bodies and the pursuit of ideals Enfreakment, disability and monstrosity Cyborgs and virtual online bodies With further reading signposted throughout, this accessible book is essential reading for anyone studying the body through the lens of sociology, cultural studies, sports studies, media studies and gender studies; and all those with an interest in how the physical body can be a social construct.
This story takes up where O Come Ye Back to Ireland left off. After learning they can't have children, Niall and Christine adopt their only child, Diedre, and continue their story in the pastoral farming community in the wild and beautiful Irish countryside.
In their fourth book, Williams and Breen, the authors of O Come Ye Back to Ireland, When Summer's in the Meadow, and The Pipes Are Calling chronicle their life and adventure in this beautiful country, where fewer and fewer Irish men and women are lucky enough to be able to live.
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