Derivatives : The Tools That Changed Finance Review

Derivatives : The Tools That Changed Finance
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Derivatives : The Tools That Changed Finance ReviewFlipping through your standard book on derivatives it is easy to become frustrated by the amount and complexity of mathematical formulas used. What sets Derivatives: The Tools that Changed Finance apart is that it provides a thorough overview of what derivatives are, how they work and why they are so important without burdening the reader or hurting the flow of the book with elaborate and intricate mathematically equations. Using pop culture examples to help illustrate complex ideas in an easily understandable format, the authors provide an intriguing and highly informative overview of one of the most important financial instruments in use today. Because these examples correspond to real life scenarios they provide a much more effective method of explaining financial concepts than traditional math laden descriptions.
The authors seem to be enjoying the topic, which makes it easier for the reader to get caught up in their enthusiasm. This amusing yet highly informative approach is the greatest strength of Derivatives, however it also should be noted that because of this approach this book might not be as satisfying for those looking to learn about the detailed mathematics upon which these instruments are based. That being said, this book will be enjoyed by a wide range of individuals from those with no financial background to those who are familiar with derivatives but are seeking a richer understanding of the field.Derivatives : The Tools That Changed Finance Overview

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