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| Derivatives: An Introduction (Hardcover)
Hardcover
Edition: 2
Author: Robert A. Strong
Publisher: South-Western College Pub
Release Date: 2004-08-02
ISBN-10: 0324273029
ISBN-13: 9780324273021
List Price: $165.95
Average Customer Rating:
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Summaries and Customer Reviews are supplied by Amazon.com
Bob Strong's practical, applied approach, and his ability to explain the intuition underlying the math, makes this text the first truly accessible, yet comprehensive, derivatives book.
Derivatives by Robert A. Strong
| Customer Rating: | | This is a really good book for those who have no background in equity derivatives. It explains in a very concise and understandable layman's terms. Thank goodness for this book. It was recommended from my class instructor. |
Poorly Written especially for a beginner
| Customer Rating: | I am using this book for a financial derivatives class and it is very poorly written especially for someone new to derivatives.
** The book does not have complete definitions, explanations on topics or clear examples:
I have had to buy a couple of other books to understand some of the concepts he talks about. Either he will just define and let you figure out on your own why a trader might use that particular strategy or give you some information but no example of how it would work in real life.
** He jumps all over the place:
I found it difficult to understand some of the concepts as either he would abruptly stop talking on a topic and start on something else or mix things which I feel do not make a whole lot of sense. My classmates feel that he just collected a lot of material from other books or online and chopped and slashed the material till he reached some size. (maybe his publisher/editor told him there is a word limit ;) ).
** The questions in the back of the chapter are either not clear or not easily solvable(cannot be answered from the material in the chapter or deriving it from the material in the chapter)
I have had to spent time at CBOE, wikipedia and other websites to understand what he talking about and to answer the questions. (Had to do it for class)
After reading 6 chapters and spending countless hours trying to answer the questions at the end of the chapters, I feel that I have not gained anything from this book other than a list of topics to search google on.
Just to clarify, I am used to books on complex topics (3rd Masters) but have not seen a more confusing book. |
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