Reviews for Credit Union Performance Improvement: Practical Ideas for Directors and Managers

The average rating for Credit Union Performance Improvement: Practical Ideas for Directors and Managers based on 2 reviews is 3 stars.

Review # 1 was written on 2017-12-29 00:00:00 Garry Bollinger I have found that people in finance are prone to referring to books solely by their author (which would be a problem if anyone had yet managed to write two decent books in their career). When I began to learn about options, "Natenberg" was recommended to me more often than any other except for "Hull" (Options, Futures & Other Derivatives with Derivagem CD Value Package), which is of much greater breadth but less depth. Natenberg has very much become the industry standard starting point for teaching intuition for the behavior of options. Its strength and weakness are both wrapped up in the fact that it is exceptionally qualitative and easy to read. That is, it is accessible because it doesn't delve into some of the necessarily complex details of managing nonlinear risks on a full portfolio of options, but this is not its aim. What it does very well is to convey the intuition for how to think about the "Greeks" -- the mathematical derivatives of the option value with respect to various market factors. While written as an introduction to the subject, its target audience is the budding professional trader who will actually be trading volatility more often than market direction. I would recommend this as an excellent starting point to anyone who wants to understand options at a fairly sophisticated level. More detailed material will fall nicely into place with Natenberg as a background.

Review # 2 was written on 2019-05-09 00:00:00 James J Slawski This is a really hard book to read and understand. It covers a huge amount of fundamental options knowledge, but it does so quickly. I find it difficult to understand because very complex concepts are covered in a single sentence or two and then the author assumes you understand. It requires a lot of rereading and focus, but is worth the work if you're looking for a through understanding of options theory.