Hedging Demystified: How to Balance Risk and Protect Profit
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Hedging Demystified: How to Balance Risk and Protect Profit
Do changes in
commodity prices
interest rates
foreign currency exchange rates
or weather
jeopardize your bottom line?
Finally, it's here: a practical, straightforward book on how to manage those uncertainties. It contains clear illustrations of how futures, options, and swaps work to curb risk. Written for a businessperson by a businessperson, this handbook explains:
The mechanics of hedging
How hedging protects wealth
How to achieve more predictable earnings amid the unpredictable
Specific examples of hedging
Hedging opportunities and pitfalls
Hedging Demystified is an essential guide to any business that deals with commodities, debt, international trade, or weather. This primer on hedging brings clarity and direction to make your business more sustainable.