Reviews for Financial Risk Analytics : A Term Structure Model Approach for Banking, Insurance, & Investment Management

The average rating for Financial Risk Analytics : A Term Structure Model Approach for Banking, Insurance, & Investment Management based on 2 reviews is 3 stars.

Review # 1 was written on 2010-04-09 00:00:00 Brian VanAken A somewhat dated but classic text on the case for virtual learning simulations. The principles of how people learn still are spot on despite the age of the book.

Review # 2 was written on 2013-06-22 00:00:00 Martin Horn Got this older edition from the library by mistake, then decided to read it anyway. A lot of the book is devoted to the psychological reasons many people hold stocks too long. The problem with this book is that it preaches to the choir. I got the book because I was already convinced that "buy-and-hold" is not always good advice, and I wanted to know more about how to sell advantageously. So reading all about the rationalizations other people apply to their laziness in hanging on to stocks even after it becomes clear the stocks have become losers was not so useful to me. There was some advice about reasons to sell, but not as much as I had hoped.