The Event Driven Edge In Investing

Author : Asif Suria
Publisher : Harriman House Limited
Page : 218 pages
File Size : 43,7 Mb
Release : 2024-05-21
Category : Business & Economics
ISBN : 9781804090503

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The Event-Driven Edge in Investing by Asif Suria Pdf

Every investor wants a dependable advantage that enables them to beat the market. Every investor wants an edge. One such edge, long thought to be accessible only to institutional investors, can be found in event-driven investing strategies. These strategies allow you to recognize and take advantage of the effect of corporate events on the price of stocks—events including mergers and acquisitions, stock buybacks, and spin-offs. Now, in The Event-Driven Edge in Investing, accomplished multi-strategy investor Asif Suria provides a simple, in-depth introduction to these highly profitable strategies, making them available to all investors. The Event-Driven Edge in Investing teaches you how to: -Utilise merger arbitrage as a counter-cyclical investment option that can gain better risk-adjusted returns than bonds. -Follow what company insiders are doing to generate new investment ideas. -Track stock buybacks to better understand whether a company’s board of directors and management are aligned about the company’s value. -Use spin-offs to unlock value in either the spin-off or the newly unburdened parent company. With Asif’s guidance, you too can identify and profit from the event-driven edge in investing.

Author : Richard C. Wilson
Publisher : John Wiley & Sons
Page : 243 pages
File Size : 54,6 Mb
Release : 2014-02-20
Category : Business & Economics
ISBN : 9781118421338

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Visual Guide to Hedge Funds by Richard C. Wilson Pdf

Vivid graphics make hedge funds, how they work and how to invest in them, accessible for investors and finance professionals Despite the recent wave of scandals related to the hedge fund industry, interest in hedge funds as a relatively safe alternative investment remains high. Yet details about how the industry operates and the strategies employed by different types of hedge funds is hard to come by. With increasing calls from lawmakers and the media for industry reform, it is incumbent upon finance professionals and high-net-worth individuals to take a good look before leaping into hedge funds. That's where the Bloomberg Visual Guide to Hedge Funds comes in. It provides a graphically rich, comprehensive overview of the industry and its practitioners, zeroing in on how different types of hedge funds work. Based on extensive interviews with hedge fund managers, analysts and other industry experts, the book provides a detailed look at the industry and how it works Outlines investment strategies employed by both long and short hedge funds, as well as global macro strategies Arms you with need-to-know tips, tools and techniques for success with all hedge fund investment strategies Provides a highly visual presentation with an emphasis on graphics and professional applications Real-life examples take you inside how hedge funds illustrating how they operate, who manages them and who invests in them

Author : David F. Swensen
Publisher : Simon and Schuster
Page : 433 pages
File Size : 50,6 Mb
Release : 2009-01-06
Category : Business & Economics
ISBN : 9781416554035

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Pioneering Portfolio Management by David F. Swensen Pdf

In the years since the now-classic Pioneering Portfolio Management was first published, the global investment landscape has changed dramatically -- but the results of David Swensen's investment strategy for the Yale University endowment have remained as impressive as ever. Year after year, Yale's portfolio has trumped the marketplace by a wide margin, and, with over $20 billion added to the endowment under his twenty-three-year tenure, Swensen has contributed more to Yale's finances than anyone ever has to any university in the country. What may have seemed like one among many success stories in the era before the Internet bubble burst emerges now as a completely unprecedented institutional investment achievement. In this fully revised and updated edition, Swensen, author of the bestselling personal finance guide Unconventional Success, describes the investment process that underpins Yale's endowment. He provides lucid and penetrating insight into the world of institutional funds management, illuminating topics ranging from asset-allocation structures to active fund management. Swensen employs an array of vivid real-world examples, many drawn from his own formidable experience, to address critical concepts such as handling risk, selecting advisors, and weathering market pitfalls. Swensen offers clear and incisive advice, especially when describing a counterintuitive path. Conventional investing too often leads to buying high and selling low. Trust is more important than flash-in-the-pan success. Expertise, fortitude, and the long view produce positive results where gimmicks and trend following do not. The original Pioneering Portfolio Management outlined a commonsense template for structuring a well-diversified equity-oriented portfolio. This new edition provides fund managers and students of the market an up-to-date guide for actively managed investment portfolios.

Author : Euan Sinclair
Publisher : John Wiley & Sons
Page : 246 pages
File Size : 53,6 Mb
Release : 2020-09-01
Category : Business & Economics
ISBN : 9781119583516

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Positional Option Trading by Euan Sinclair Pdf

A detailed, one-stop guide for experienced options traders Positional Option Trading: An Advanced Guide is a rigorous, professional-level guide on sophisticated techniques from professional trader and quantitative analyst Euan Sinclair. The author has over two decades of high-level option trading experience. He has written this book specifically for professional options traders who have outgrown more basic trading techniques and are searching for in-depth information suitable for advanced trading. Custom-tailored to respond to the volatile option trading environment, this expert guide stresses the importance of finding a valid edge in situations where risk is usually overwhelmed by uncertainty and unknowability. Using examples of edges such as the volatility premium, term-structure premia and earnings effects, the author shows how to find valid trading ideas and details the decision process for choosing an option structure that best exploits the advantage. Advanced topics include a quantitative approach for directionally trading options, the robustness of the Black Scholes Merton model, trade sizing for option portfolios, robust risk management and more. This book: Provides advanced trading techniques for experienced professional traders Addresses the need for in-depth, quantitative information that more general, intro-level options trading books do not provide Helps readers to master their craft and improve their performance Includes advanced risk management methods in option trading No matter the market conditions, Positional Option Trading: An Advanced Guide is an important resource for any professional or advanced options trader.

Author : Geary Hooper
Publisher : Trafford Publishing
Page : 150 pages
File Size : 51,7 Mb
Release : 2003-10-09
Category : Business & Economics
ISBN : 9781412215046

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Stock Market Trading by Geary Hooper Pdf

"Buy low, sell high" If you have ever traded stocks in the stock market, then I am sure that you have heard of this phrase. Have you ever purchased a stock that you thought was low in price, only to see it go lower after you have purchased the stock. Well if you have, you are not alone. Because this happens to just about everyone that has invested in the stock market. The problem is, knowing when a stock is at a low price and it is time to purchase it. This is really very simple. The only time a stock is at a low price is when it goes up after you purchase it. By now you are saying to your self, I know that. Well could you have known that the stock was going up without a tip from some one? Even with that tip, could you have analyzed the stock to see for your self? If not, then this book is for you. Its main purpose is to enable you to find, analyze, purchase, and sell stocks on your own while making a hansom profit along the way. With this book you will be able to find main events in a stock's history right up to the current time to let you know if this is a stock to purchase and when, or to leave it alone.

Author : Thomas Kirchner
Publisher : Wiley
Page : 528 pages
File Size : 43,9 Mb
Release : 2016-04-25
Category : Business & Economics
ISBN : 1118736621

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Merger Arbitrage by Thomas Kirchner Pdf

"Mitigate risk and increase returns with an alternative hedge fund strategy Merger Arbitrage: How to Profit from Event-Driven Arbitrage, Second Edition is the definitive guide to the ins and outs of the burgeoning merger arbitrage hedge fund strategy, with real-world examples that illustrate how mergers work and how to take advantage of them. Author Thomas Kirchner, founder of the Pennsylvania Avenue Event-Driven Fund, discusses the factors that drove him to invest solely in merger arbitrage and other event-driven strategies, and details the methods used to incorporate merger arbitrage into traditional investment strategies. And while there is always a risk that a deal will fall through, the book explains how minimal such risks really are when the potential upside is factored in. Early chapters of the book focus on the basics of the merger arbitrage strategy, including an examination of mergers and the incorporation of risk into the arbitrage decision. Following chapters detail deal structures, financing, and legal aspects to provide the type of in-depth knowledge required to execute an effective investment strategy. The updated second edition stresses new, increasingly relevant information like: Worldwide legal deal regimes UK takeover code UK takeover code global offspring Regulators around the world The book provides clear, concise guidance on critical considerations including leverage and options, shorting stocks, and legal recourse for inadequate merger consideration, allowing readers to feel confident about trying a new investment strategy. With simple benefits including diversification of risk and return streams, this alternative hedge fund strategy has a place in even the most traditional plan. Merger Arbitrage: How to Profit from Event-Driven Arbitrage, Second Edition provides the information that gives investors an edge in the merger arbitrage arena"--

Author : Sam Kirschner,Eldon C. Mayer,Lee Kessler
Publisher : John Wiley & Sons
Page : 256 pages
File Size : 43,7 Mb
Release : 2006-11-17
Category : Business & Economics
ISBN : 9780470048542

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The Investor's Guide to Hedge Funds by Sam Kirschner,Eldon C. Mayer,Lee Kessler Pdf

"Eldon Mayer is a battle-tested pro. You should listen to what he and his partner, Sam Kirschner, have to say." --Barton M. Biggs, Managing Partner, Traxis Partners Meet the crème de la crème of the new breed of hedge fund managers, learn how they evaluate world financial markets, hear about their winners and losers, and discover how they apply proprietary strategies to stay ahead of the curve. Through broad-scope interviews with 15 highly successful managers, The Investor's Guide to Hedge Funds provides unparalleled insight into each major hedge fund strategy, its strengths, weaknesses, and performance characteristics. Most importantly, this book shows that despite the sensational headlines, adding hedge funds to a portfolio of stocks and bonds can reduce risk and improve overall performance.

Author : Kevin R. Mirabile
Publisher : John Wiley & Sons
Page : 314 pages
File Size : 48,9 Mb
Release : 2013-01-07
Category : Business & Economics
ISBN : 9781118330692

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Hedge Fund Investing by Kevin R. Mirabile Pdf

The most up-to-date look at how to understand, and invest in, hedge funds A new updated set of end of chapter problems and test bank questions is now available for the first edition. This material now includes a selection of supplemental problems and test bank questions specifically related to portfolio financing tools and techniques. Hedge funds are an essential part of the alternative investing arena, and will continue to be so for the foreseeable future. It's important that those investing, or thinking about investing, with hedge funds know exactly what they are about. That's why Kevin Mirabile—a financial professional with over twenty years of business development, regulatory, financing, trading, and sales experience in the hedge fund sector—has created Understanding Hedge Fund Investing. Page-by-page, this reliable resource offers valuable insights into one of the most competitive parts of the investment world. Along the way, you'll become familiar with the evolution of hedge funds and their structure as well as discover what types of individuals and institutions invest using hedge funds. Mirable also takes the time to examine the risks of investing in hedge funds and talks about hedge fund financial statements and taxation. Provides complete coverage of this important investment vehicle, from its different types of investing strategies and styles to what it takes to be a hedge fund manager Multiple-choice questions follow each chapter to assess your comprehension of the topics covered A companion Website contains portfolio models that can be uploaded for use as well as supplementary material that allows you to learn in a hands-on fashion long after closing the book Hedge funds offer investors opportunities that aren't usually found elsewhere. But to benefit from them, you first must understand them. This book has the information you need to succeed at this difficult endeavor.

Author : Anonim
Publisher : Unknown
Page : 328 pages
File Size : 40,7 Mb
Release : 2006
Category : Investment advisors
ISBN : PSU:000056907506

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Investopedia's Inside Edge: Corp. finance, securities markets and equity, debt, derivatives, alternative investments, and portfolio mgmt by Anonim Pdf

Author : Thomas Kirchner
Publisher : Wiley
Page : 355 pages
File Size : 44,6 Mb
Release : 2009-08-03
Category : Business & Economics
ISBN : 0470371978

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Merger Arbitrage by Thomas Kirchner Pdf

A detailed look at an important hedge fund strategy Written by a fund manager who invests solely in merger arbitrage, also referred to as risk arbitrage, and other event-driven strategies, Merger Arbitrage is the definitive book on how this alternative hedge fund strategy works. Initial chapters are dedicated to the ins and outs of the strategy–cash mergers versus stock for stock mergers, legal aspects of mergers, and pitfalls of the merger process–while later chapters focus on giving the reader sound advice for integrating merger arbitrage into an investment portfolio. Merger Arbitrage helps readers understand leverage and options, shorting stocks, and legal aspects of merger arbitrage, including seeking appraisal or filing lawsuits for inadequate merger consideration. For those looking to gain an edge in the merger arbitrage arena, this book has everything they need to succeed. Thomas F. Kirchner, CFA (New York, NY), is the founder and portfolio manager of Pennsylvania Avenue Funds (www.pennavefunds.com), which invests in merger arbitrage and other event-driven strategies.

Author : Anonim
Publisher : Unknown
Page : 480 pages
File Size : 52,5 Mb
Release : 2010
Category : Capital
ISBN : CORNELL:31924107859088

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Asiamoney by Anonim Pdf

Author : Ben Warwick
Publisher : McGraw-Hill Companies
Page : 276 pages
File Size : 51,5 Mb
Release : 1996
Category : Business & Economics
ISBN : UOM:35128001975158

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Event Trading by Ben Warwick Pdf

Designed to capture profits from market reactions to news events, event trading provides a systematic approach for exploiting a variety of market-moving events such as economic reports, interest rate changes and surprises in corporate earnings.

Author : James Urquhart
Publisher : "O'Reilly Media, Inc."
Page : 280 pages
File Size : 50,6 Mb
Release : 2021-01-06
Category : Computers
ISBN : 9781492075844

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Flow Architectures by James Urquhart Pdf

Software development today is embracing events and streaming data, which optimizes not only how technology interacts but also how businesses integrate with one another to meet customer needs. This phenomenon, called flow, consists of patterns and standards that determine which activity and related data is communicated between parties over the internet. This book explores critical implications of that evolution: What happens when events and data streams help you discover new activity sources to enhance existing businesses or drive new markets? What technologies and architectural patterns can position your company for opportunities enabled by flow? James Urquhart, global field CTO at VMware, guides enterprise architects, software developers, and product managers through the process. Learn the benefits of flow dynamics when businesses, governments, and other institutions integrate via events and data streams Understand the value chain for flow integration through Wardley mapping visualization and promise theory modeling Walk through basic concepts behind today's event-driven systems marketplace Learn how today's integration patterns will influence the real-time events flow in the future Explore why companies should architect and build software today to take advantage of flow in coming years

Author : Mark J. Roe
Publisher : Oxford University Press
Page : 201 pages
File Size : 52,9 Mb
Release : 2022-04-29
Category : Business & Economics
ISBN : 9780197625620

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Missing the Target by Mark J. Roe Pdf

A data-driven argument for why stock-market short-termism is not causing severe damage to the American economyAccording to most media outlets and corporate lawmakers, stock-market-driven short-termism - when corporations appear to prioritize immediate results in the next quarter over long-term interests - is crippling the American economy. This popular view claims that short-termism is causing widespreaddeclines in research and development (RandD) spending, harmful environmental policies, and degradation of the workplace. But the data does not support this black-and-white representation of short-termism.Mark J. Roe uses economy-wide data on RandD spending trends and corporate financial analysis to show that stock-market short-termism is not the root of all of America's economic problems. The book shows that blaming short-termism overlooks the real causes of declining investment, RandD cutbacks,environmental deterioration, and workplace conflict. By pointing to other sources of tension like accelerating technology change, policy uncertainty, and an increasing sense of workplace insecurity, Missing the Target argues for a more nuanced understanding of the challenges to the American economy.Roe also disproves many of the core claims against short-termism by demonstrating that RandD spending is not in a complete decline. In fact, while government research spending may be down, corporate RandD expenditure is actually rising faster than the economy is growing.Missing the Target complicates the discussion of the American economy by explaining the many factors that contribute to current trends and by making a bold but straightforward claim: short-termism is not the problem.

Author : Christopher B. Barry
Publisher : Institute of Chartered Financial Analysts
Page : 126 pages
File Size : 52,6 Mb
Release : 1998
Category : Investments
ISBN : CORNELL:31924074718663

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Alternative Investing by Christopher B. Barry Pdf