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 | | Managing Commodity Risk: Using Commodity Futures and Options by John J. Stephens, John Stephens ISBN-10: 9780471866251 ISBN-10: 0-471-86625-3 ISBN-13: 9780471866251 ISBN-13: 978-0-471-86625-1 Hardcover 2000-12-01 Wiley Find Lowest Price |
Editorials | ||
Product Description Managing Commodity Risk is a clear and practical guide to managing commodity risk and explains how the commodity futures markets can be used to the manager's advantage. Beginning with a general overview of the definitions, processes and procedures, the book then explains in detail each of the individual approaches and looks at topics such as the commodity markets and their instruments, hedging with commodity futures and options and commodity futures exchanges. There is a checklist with key issues and approaches raised at the end of each chapter. This book is a practical primer for business managers who wish to manage and minimise the risk within their own industry. | ||
Reviews | ||
In depth coverage in an easy to follow format This book saved my ... well, you know what. Working on a software project for a client involving their risk management accounting, I had to get up to speed with that subject, and quickly. This book saved me literally months of Q&A and helped me implement the right solution. What I liked most about the book is the detailed explanation it gives, it doesn't presume you're familiar with commodity exchanges and vehicles. Some might find it insults their intelligence, but I wouldn't have any other way. If I want to learn about a subject that's new to me, I want a book that makes no presumption about my knowledge or experience, I want a book that will rather elaborate more than necessary than the other way around. And that's what makes this book so great over the others that collect dust on my bookshelf. | ||