0470455950 BRAND-NEW, Unread Copy in Perfect Condition. FAST UPS shipping (you'll receive your order within 1-5 business days after shipping in most cases*), this helps to ensure your order arrives in perfect condition. PLEASE NOTE: FedEx does not generally deliver to PO Boxes or APO addresses, so please be sure to give us a physical street address to deliver to; also, unfortunately, we cannot ship this item to Alaska or Hawaii. THANKS! *(this applies to domestic shipments within the continental US - other destinations may take longer). Bookseller Inventory #
Synopsis: Praise for The Leverage Space Trading Model
"As Warren Buffett said, 'It's only when the tide goes out that you learn who's been swimming naked.' We now know that most have been. It's too bad that Ralph Vince did not finish his book in 2005 or 2006, it would have helped save institutional investors and our nation trillions of dollars; few people understand the rewards of leverage and its inherent risks like Ralph. As we found out, most hedge funds and banks use leverage without knowing how to quantify its risks or rewards. This book is a must-read for anyone using or being responsible for risk. Leverage is one of our greatest empowerments."
?Salomon Konig, member of the board of directors, Hedge Fund Association, Partner and Chief Investment Officer, Artemis Capital Partners, LLC
"Ralph Vince is almost alone in his study of trade sizing, but that doesn't mean he isn't right. Traders should read this book."
?Euan Sinclair, option trader and author of Volatility Trading
"As we've seen recently, the gross misuse of leverage has been a hard lesson for institutions. But position sizing is critical to the success of all traders, big and small, and Ralph Vince brings fresh thinking to an area that badly needs it. He challenges the status quo and makes you think about what you're doing. He attacks the major flaws of MPT. There is no doubt that you'll benefit from Ralph's ideas."
?Perry Kaufman, author of New Trading Systems and Methods, Fourth Edition and A Short Course in Technical Trading
"If Ralph Vince writes it, I read it...every word, every thought this guy has produced has led me to additional market profits. Money management is clearly the way to the kingdom of wealth in the investment world and Ralph gives you the keys in this book."
?Larry Williams, trader, fund manager, and author of Trade Stocks & Commodities with the Insiders: Secrets of the COT Report and Long-Term Secrets to Short-Term Trading
Product Description: An innovative approach to trading by an expert in the field In The Leverage Space Trading Model, quantitative portfolio analysis expert Ralph Vince takes the Leverage Space Model he presented in The Handbook of Portfolio Mathematics and brings it into entirely new territory. As Vince shows here, even if a trader doesn't use margin, he or she is still using leverage. Leverage refers to the schedule upon which an asset position is increased or decreased over time as an equity account fluctuates. Traditional models do not reflect real-world actualities of cash versus the position and the schedule of adding or lightening that position. In this book, Vince shows that geometric returns (the "space") matter more than arithmetic returns and presents a paradigm that seeks to maximize the probability of being profitable as opposed to maximizing profits. Because this paradigm seems to minimize losses, which we are hardwired to do, it is ultimately easier to implement and stick to. Ralph Vince (Cleveland, OH) is a computer programmer and author of The Handbook of Portfolio Mathematics (978-0-471-75768-9), Portfolio Management Formulas (978-0-471-52756-5), The Mathematics of Money Management (978-0-471-54738-9), and The New Money Management (978-0-471-04307-2), all from Wiley.
Title: The Leverage Space Trading Model: ...
Book Condition: New
Book Description John Wiley & Sons, 2009. Gebundene Ausgabe. Book Condition: Gebraucht. Gebraucht - Gut - The cornerstone of money management and portfolio optimization techniques has remained the same throughout history: maximize gains and minimize risk. Yet, asserts Ralph Vince, the widely accepted approaches of combining assets into a portfolio and determining their relative quantities are wrong--and will cost you. They illuminate nothing, he says, aside from providing the illusion of safety through diversification. Although numerous Nobel Prizes have been awarded based on some of those widely accepted principles, their popular acceptance does not constitute real-world validation. What has been needed is a viable alternative to directly address these real-world dictates. 192 pp. Englisch. Bookseller Inventory # INF3003184623
Book Description Wiley, 2009. Book Condition: Good. N/A. Former Library book. Shows some signs of wear, and may have some markings on the inside. Bookseller Inventory # GRP84688604
Book Description Wiley, 2009. Book Condition: Good. N/A. Shows some signs of wear, and may have some markings on the inside. Bookseller Inventory # GRP90750980
Book Description John Wiley & Sons, NY, 2009. Hard Cover. Book Condition: Very Good. Dust Jacket Condition: Very Good. First Printing. 191 pp. with Index and Bibliography. Binding tight, text clean. Size: 8vo - over 7¾" - 9¾" tall. Bookseller Inventory # 40910
Book Description Wiley, 2009. Book Condition: Used. This Book is in Good Condition. Clean Copy With Light Amount of Wear. 100% Guaranteed. Summary: An exciting historical journey with a fresh approach, this new work is accessibly written, and well-documented, with penetrating insights. It is a valuable addition as a text, reference, or intellectual adventure, lighting up the dynamism of the developmental field, its origins, relationships, and effects, comprehensively fromancient tomodern times. Admirably revealed is the humanity of the prominent figures and especially their major issues that can still be compelling sources of concern. Edwin Hollander, Graduate Center of the City University of New York This important scholarly book puts developmental psychology into a historical framework and describes how the changing conceptions of childhood and development throughout history have been shaped by the larger cultural environment. This raises the critical question of how our current social world will shape the future course of human development. Gwendolyn L. Gerber, John Jay College of Criminal Justice. Bookseller Inventory # ABE_book_usedgood_0470455950
Book Description Wiley, 2009. Hardcover. Book Condition: Used: Good. Bookseller Inventory # SONG0470455950
Book Description Book Condition: New. Bookseller Inventory # 5767007-n
Book Description John Wiley and#38; Sons, 2009. HRD. Book Condition: New. New Book. Shipped from UK in 4 to 14 days. Established seller since 2000. Bookseller Inventory # FW-9780470455951
Book Description Book Condition: Good. Book Condition: Good. Bookseller Inventory # 97804704559514.0
Book Description Wiley, 2009. Hardcover. Book Condition: New. book. Bookseller Inventory # 0470455950