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Rating:  Summary: Ready for a peek at the big time? Review: Feeling brave? If you are, crack Burstein's book and have a look at how some serious big-time money works. Of course, by defintion this is not the majority of market participants so this is not a "popular" read. But scientific truth, like a successful P&L statement, is not democratic. Either it makes money or it does not. And if does, you can bet that a few will get it right but most won't. As an arbitrageur, Burstien's book is an excellent unfair advantage to those who are able to heed its message. Christopher MAY - author Nonlinear Pricing
Rating:  Summary: Ready for a peek at the big time? Review: Feeling brave? If you are, crack Burstein's book and have a look at how some serious big-time money works. Of course, by defintion this is not the majority of market participants so this is not a "popular" read. But scientific truth, like a successful P&L statement, is not democratic. Either it makes money or it does not. And if does, you can bet that a few will get it right but most won't. As an arbitrageur, Burstien's book is an excellent unfair advantage to those who are able to heed its message. Christopher MAY - author Nonlinear Pricing
Rating:  Summary: Not advanced - not simple Review: I cannot be overly critical of this book merely due to my own preconceived notions of what it might be. I was expecting some sort of more hands-on version of Soros' "Alchemy". What I got was nothing of the kind. The trade examples are very simplistic and the book poorly constructed, laid out, and written. The entire work could be 2-3 chapters in normal prose and outline. The strategies discussed were somewhat advanced strategies that were described in an extremely simplistic manner. Somewhat akin to Sesame Street giving instructions on how to manage an options book. I was sorely disappointed as I know the author is capable of delivering a much more intriguing work.
Rating:  Summary: Not advanced - not simple Review: I cannot be overly critical of this book merely due to my own preconceived notions of what it might be. I was expecting some sort of more hands-on version of Soros' "Alchemy". What I got was nothing of the kind. The trade examples are very simplistic and the book poorly constructed, laid out, and written. The entire work could be 2-3 chapters in normal prose and outline. The strategies discussed were somewhat advanced strategies that were described in an extremely simplistic manner. Somewhat akin to Sesame Street giving instructions on how to manage an options book. I was sorely disappointed as I know the author is capable of delivering a much more intriguing work.
Rating:  Summary: Titles might be misleading by Tevfik Aksoy Review: The book is based on ex post iteration of events and investment strategies, which lacks the necessary foundation of macroeconomic introduction. It requires extensive knowledge of macroeconomics and finance in order to grasp (or digest) what the ideas behind strategies are. Clearly not for a beginner but I would not recommend it for an experienced fund manager at all. I found most of the examples and strategies highly simple.
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