Location via proxy:   [ UP ]  
[Report a bug]   [Manage cookies]                
Everand Logo

Welcome to Everand!

  • Discover millions of ebooks, audiobooks, and so much more with a free trial

    From $11.99/month after trial. Cancel anytime.

    Hedging Demystified: How to Balance Risk and Protect Profit
    Hedging Demystified: How to Balance Risk and Protect Profit
    Hedging Demystified: How to Balance Risk and Protect Profit
    Audiobook5 hours

    Hedging Demystified: How to Balance Risk and Protect Profit

    Written by Tim Bishop

    Narrated by Tim Bishop

    4/5

    ()

    Switch to ebook

    About this audiobook

    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. Downloadable illustrations accompany the audiobook.

    A CPA and former corporate treasurer with over thirty years of business experience, TIM BISHOP has seen hedging from all angles—as scout, strategist, tactician, trader, accountant, supervisor, and treasurer. He knows how to distill the complexities of financial risk for people who are looking for answers.

    LanguageEnglish
    PublisherOpen Road Press
    Release dateOct 11, 2023
    ISBN9798986012537

    More audiobooks from Tim Bishop

    Related to Hedging Demystified

    Related audiobooks

    Finance & Money Management For You

    View More
    View More

    Related podcast episodes

    Related articles

    • UNLIMITED

      Rogue Trader

      Jun 5, 2020

      Rogue Trader
      10 min read

    • UNLIMITED

      Are You Gambling or Investing? Here’s How to Tell

      Mar 2, 2021

      Investing in the stock market over many decades offers most people an incredible opportunity to build wealth. Does that surprise you? If so, you’re not alone. Over the course of my career as a financial planner, I’ve found that many people look at th

      4 min read

    • UNLIMITED

      How Options Can Help Your Portfolio

      Jun 3, 2020

      For some people, options trading conjures either fantasies of instant riches or nightmares of losing everything. But those are the visions of market-timing speculators, not long-term investors. For most investors with a long-term view, trading option

      7 min read

    • UNLIMITED

      New Kids on the MF Block

      Dec 23, 2022

      A battle royal is brewing in the bustling asset management space. As new investors come into the markets in droves, bolstered by the rising stock indices and armed with apps that allow them ease of trading on smartphones, a slew of new players is lin

      2 min read

    • UNLIMITED

      He Learned to Trade for Profit - and Can Teach You, Too

      Jan 31, 2019

      Raymond Rondeau, 55, of Exeter, R.I., is a trader, president of the New England American Association of Individual Investors chapter, and creator of AAII's new course, "Investing Strategies and Technical Analysis." When did you start trading? I began

      2 min read

    • UNLIMITED

      9 Great Alternative-Strategy Funds for Volatility

      May 26, 2022

      There have been few places to hide for investors this year. Both stocks and bonds have tumbled – since the start of 2022, the Vanguard Balanced fund, a portfolio of 60% stocks and 40% bonds, has lost 13%. Moreover, interest rates are still rising, in

      9 min read

    • UNLIMITED

      3 Common Money Myths You Probably Believe

      Apr 3, 2018

      If you want to build your wealth, it's never been easier to learn how to do that, thanks to the Internet. Anyone with an Internet connection can find the answers to just about any question in a matter of seconds. You can teach yourself almost anythin

      4 min read

    • UNLIMITED

      How Risk Profiling Can Help Score a More Secure Retirement

      Nov 5, 2019

      Your portfolio should reflect your risk tolerance. How many times have you heard this tidbit of advice and wondered if you were overexposed, underexposed or exactly where you should be when it comes to investment risk? Certainly, it makes sense tha

      3 min read

    • UNLIMITED

      What's Your Investment Return? Setting Expectations for Your Stock and Bond Portfolio

      Jan 29, 2019

      Do you remember the course you took back in high school, or maybe your freshman year of college, that taught you about how to manage your personal finances and invest your money? If you're thinking something along the lines of, No, I never took a cl

      4 min read

    • UNLIMITED

      Risk Tolerance in the Bull Market Era

      Dec 2, 2019

      The current bull market, which started in March 2009, is the longest in history. I frequently get asked about how long it will last and how big of a drop we can expect when the tide turns the other way. Unfortunately, no one knows the answer, and in

      4 min read

    • UNLIMITED

      Investors: Don't Let FOMO Put Your Retirement at Risk

      Feb 27, 2018

      Given the current state of the markets, you're probably wondering if you should be making some changes to your investment portfolio. Maybe you've got the urge to sell as stocks fall. Or maybe you want to do the opposite: Take advantage of big market

      3 min read

    • UNLIMITED

      Many Pennies For Your Thoughts

      Feb 14, 2020

      Many Pennies For Your Thoughts
      5 min read

    • UNLIMITED

      Is That Hot Investment Worth the Risk?

      Sep 23, 2020

      Recently, we talked about how many folks are riding the wave of day trading activity that’s been encouraged by a climbing stock market. Day trading was trendy decades ago and popular again today, helped along by apps like Robinhood. Many people feel

      3 min read

    • UNLIMITED

      To Be Ready for a Bear Market, Start With a Portfolio Analysis

      Jan 16, 2017

      It isn't much fun worrying about a bear market when things are going so well. Whether you're the type of investor who checks on your holdings every day or someone who glances at your account statements just once a month, it's hard not to get caught

      3 min read

    • UNLIMITED

      Keep Your Shields Up When Navigating the Investment Space

      Dec 21, 2018

      Remember the Star Trek episodes of years past? Whenever the Starship Enterprise was under attack, Capt. Kirk would shout something like, "Shields up! Red alert!" The crew would then spring into action just before entering the danger zone. This got m

      4 min read

    • UNLIMITED

      Didn't Anyone Tell You Investing Rules Change in Retirement?

      Sep 4, 2019

      If you're close to retirement or already retired, merely reacting to the latest bout of market volatility, viewing it as a warning, may not be enough. It's time to sit up and take notice, understanding what a larger potential correction could do to y

      4 min read

    • UNLIMITED

      The Smart Way To Make Money

      Nov 15, 2019

      most people are frightened of investing on the stock exchange. Especially if they’re nearing retirement or are retired, as people often are when they have substantial sums of money that could be invested in shares. Despite this, shares are among the

      3 min read

    • UNLIMITED

      Depend on Market Efficiency - Not Pundits - to Help Protect Your Portfolio

      Aug 31, 2018

      Hardly a day goes by without some self-proclaimed expert making lofty, and sometimes outrageous, predictions in the media about where the markets are heading and what you should do to help protect your portfolio. You may have noticed their forecasts

      3 min read

    • UNLIMITED

      Avoid These 5 Mistakes in Your Retirement Plan

      Oct 4, 2018

      If you're new to retirement, you can expect to make some mistakes. It's all unexplored territory for you, after all, and you'll have to figure out some things as you go. But you can learn a lot from the experiences of those who've gone before you--a

      3 min read

    • UNLIMITED

      When the Market Wobbles, Replace Panic with a Plan

      Apr 2, 2019

      Panic is not a pretty emotion -- and it can be especially detrimental when it comes to investing. Indeed, financial experts often warn that the biggest threat to your retirement savings isn't necessarily volatility but how and when you react to the

      3 min read

    • UNLIMITED

      Your Questions Answered

      Apr 24, 2021

      Email your queries to martin.hesse@inl.co.za or fax them to 021 488 4119 What is the most important aspect of estate planning for my wife and children? Name withheld Gerhardt Meyer, a financial adviser and the head of technical support at PSG Wealth

      4 min read

    • UNLIMITED

      Your Questions Answered

      Apr 24, 2021

      Email your queries to martin.hesse@inl.co.za or fax them to 021 488 4119 What is the most important aspect of estate planning for my wife and children? Name withheld Gerhardt Meyer, a financial adviser and the head of technical support at PSG Wealth

      4 min read

    • UNLIMITED

      Your Questions Answered

      Apr 24, 2021

      Email your queries to martin.hesse@inl.co.za or fax them to 021 488 4119 What is the most important aspect of estate planning for my wife and children? Name withheld Gerhardt Meyer, a financial adviser and the head of technical support at PSG Wealth

      4 min read

    • UNLIMITED

      Your Questions Answered

      Apr 24, 2021

      Email your queries to martin.hesse@inl.co.za or fax them to 021 488 4119 What is the most important aspect of estate planning for my wife and children? Name withheld Gerhardt Meyer, a financial adviser and the head of technical support at PSG Wealth

      4 min read

    • UNLIMITED

      Avoid These 3 Potential Pitfalls to Help Protect Your Retirement Income

      Sep 24, 2019

      Investing is a challenge at any age, but as you near and reach retirement, it becomes especially important to help avoid making mistakes. When you're younger, you have more time to recover from the loss you suffer on a bad investment or when the mar

      5 min read

    Related categories

    Reviews for Hedging Demystified

    4/5

    5 ratings2 reviews

    What did you think?

    Tap to rate

    Review must be at least 10 words

    • 5/5
      Well written and easy to understand. Good examples and real world implementation throughout the book.
    • 4/5
      Though I was first introduced to Tim Bishop by the travelogue Two Are Better, which he and his wife Debbie wrote as newlyweds on their coast to coast bicycle honeymoon, Tim requested me to read and review his other book Hedging Commodity Price Risk. Quite different stuff to put your teeth in. Bishop's target audience is owners or managers in SME facing the challenges of changing commodity prices, interest rates, weather conditions. Hedging instruments to offset or mitigate these risks, and accompanying accounting rules can be perceived as too difficult or understandable for mere mortals. To be honest, that part of business economics wasn't my favorite during my master's study.
      Hedging Commodity Price Risk is quite accessible, without simplifying or bypassing tough topics. Bishop deals with the several risks you run as business. Then the concept of hedging and the several instruments are dealt with. Specific examples in tables or illustrations help to understand the effects. Pitfalls and opportunities, stakeholders and the relationship you need with them, accounting principles and consequences of hedging for tax filing.
      A practical book, with a glossary included and lots of references to web sites providing background information, up to date rates and conditions. The book's written from a US perspective and (relatively) small business in mind. Readers from abroad need to seek local advice on country specific rules and details. The book's a great source of information from a seasoned practitioner.