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| balyasny asset management wikipedia: How I Became a Quant Richard R. Lindsey, Barry Schachter, 2011-01-11 Praise for How I Became a Quant Led by two top-notch quants, Richard R. Lindsey and Barry Schachter, How I Became a Quant details the quirky world of quantitative analysis through stories told by some of today's most successful quants. For anyone who might have thought otherwise, there are engaging personalities behind all that number crunching! --Ira Kawaller, Kawaller & Co. and the Kawaller Fund A fun and fascinating read. This book tells the story of how academics, physicists, mathematicians, and other scientists became professional investors managing billions. --David A. Krell, President and CEO, International Securities Exchange How I Became a Quant should be must reading for all students with a quantitative aptitude. It provides fascinating examples of the dynamic career opportunities potentially open to anyone with the skills and passion for quantitative analysis. --Roy D. Henriksson, Chief Investment Officer, Advanced Portfolio Management Quants--those who design and implement mathematical models for the pricing of derivatives, assessment of risk, or prediction of market movements--are the backbone of today's investment industry. As the greater volatility of current financial markets has driven investors to seek shelter from increasing uncertainty, the quant revolution has given people the opportunity to avoid unwanted financial risk by literally trading it away, or more specifically, paying someone else to take on the unwanted risk. How I Became a Quant reveals the faces behind the quant revolution, offering you?the?chance to learn firsthand what it's like to be a?quant today. In this fascinating collection of Wall Street war stories, more than two dozen quants detail their roots, roles, and contributions, explaining what they do and how they do it, as well as outlining the sometimes unexpected paths they have followed from the halls of academia to the front lines of an investment revolution. |
| balyasny asset management wikipedia: Fooling Some of the People All of the Time, A Long Short (and Now Complete) Story, Updated with New Epilogue David Einhorn, 2010-12-07 A revealing look at Wall Street, the financial media, and financial regulators by David Einhorn, the President of Greenlight Capital Could 2008's credit crisis have been minimized or even avoided? In 2002, David Einhorn-one of the country's top investors-was asked at a charity investment conference to share his best investment advice. Short sell Allied Capital. At the time, Allied was a leader in the private financing industry. Einhorn claimed Allied was using questionable accounting practices to prop itself up. Sound familiar? At the time of the original version of Fooling Some of the People All of the Time: A Long Short Story the outcome of his advice was unknown. Now, the story is complete and we know Einhorn was right. In 2008, Einhorn advised the same conference to short sell Lehman Brothers. And had the market been more open to his warnings, yes, the market meltdown might have been avoided, or at least minimized. Details the gripping battle between Allied Capital and Einhorn's Greenlight Capital Illuminates how questionable company practices are maintained and, at times, even protected by Wall Street Describes the failings of investment banks, analysts, journalists, and government regulators Describes how many parts of the Allied Capital story were replayed in the debate over Lehman Brothers Fooling Some of the People All of the Time is an important call for effective government regulation, free speech, and fair play. |
| balyasny asset management wikipedia: Stochastic Portfolio Theory E. Robert Fernholz, 2013-04-17 Stochastic portfolio theory is a mathematical methodology for constructing stock portfolios and for analyzing the effects induced on the behavior of these portfolios by changes in the distribution of capital in the market. Stochastic portfolio theory has both theoretical and practical applications: as a theoretical tool it can be used to construct examples of theoretical portfolios with specified characteristics and to determine the distributional component of portfolio return. This book is an introduction to stochastic portfolio theory for investment professionals and for students of mathematical finance. Each chapter includes a number of problems of varying levels of difficulty and a brief summary of the principal results of the chapter, without proofs. |
| balyasny asset management wikipedia: The Quants Scott Patterson, 2011-01-25 With the immediacy of today’s NASDAQ close and the timeless power of a Greek tragedy, The Quants is at once a masterpiece of explanatory journalism, a gripping tale of ambition and hubris, and an ominous warning about Wall Street’s future. In March of 2006, four of the world’s richest men sipped champagne in an opulent New York hotel. They were preparing to compete in a poker tournament with million-dollar stakes, but those numbers meant nothing to them. They were accustomed to risking billions. On that night, these four men and their cohorts were the new kings of Wall Street. Muller, Griffin, Asness, and Weinstein were among the best and brightest of a new breed, the quants. Over the prior twenty years, this species of math whiz--technocrats who make billions not with gut calls or fundamental analysis but with formulas and high-speed computers--had usurped the testosterone-fueled, kill-or-be-killed risk-takers who’d long been the alpha males the world’s largest casino. The quants helped create a digitized money-trading machine that could shift billions around the globe with the click of a mouse. Few realized, though, that in creating this unprecedented machine, men like Muller, Griffin, Asness and Weinstein had sowed the seeds for history’s greatest financial disaster. Drawing on unprecedented access to these four number-crunching titans, The Quants tells the inside story of what they thought and felt in the days and weeks when they helplessly watched much of their net worth vaporize--and wondered just how their mind-bending formulas and genius-level IQ’s had led them so wrong, so fast. |
| balyasny asset management wikipedia: Confidence Game Christine S. Richard, 2011-03-29 An expose on the delusion, greed, and arrogance that led to America's credit crisis The collapse of America's credit markets in 2008 is quite possibly the biggest financial disaster in U.S. history. Confidence Game: How a Hedge Fund Manager Called Wall Street's Bluff is the story of Bill Ackman's six-year campaign to warn that the $2.5 trillion bond insurance business was a catastrophe waiting to happen. Branded a fraud by the Wall Street Journal and New York Times, and investigated by Eliot Spitzer and the Securities and Exchange Commission, Ackman later made his investors more than $1 billion when bond insurers kicked off the collapse of the credit markets. Unravels the story of the credit crisis through an engaging and human drama Draws on unprecedented access to one of Wall Street's best-known investors Shows how excessive leverage, dangerous financial models, and a blind reliance on triple-A credit ratings sent Wall Street careening toward disaster Confidence Game is a real world Emperor's New Clothes, a tale of widespread delusion, and one dissenting voice in the era leading up to the worst financial disaster since the Great Depression. |
| balyasny asset management wikipedia: Hedge Fund Market Wizards Jack D. Schwager, 2012-04-25 Fascinating insights into the hedge fund traders who consistently outperform the markets, in their own words From bestselling author, investment expert, and Wall Street theoretician Jack Schwager comes a behind-the-scenes look at the world of hedge funds, from fifteen traders who've consistently beaten the markets. Exploring what makes a great trader a great trader, Hedge Fund Market Wizards breaks new ground, giving readers rare insight into the trading philosophy and successful methods employed by some of the most profitable individuals in the hedge fund business. Presents exclusive interviews with fifteen of the most successful hedge fund traders and what they've learned over the course of their careers Includes interviews with Jamie Mai, Joel Greenblatt, Michael Platt, Ray Dalio, Colm O’Shea, Ed Thorp, and many more Explains forty key lessons for traders Joins Stock Market Wizards, New Market Wizards, and Market Wizards as the fourth installment of investment guru Jack Schwager's acclaimed bestselling series of interviews with stock market experts A candid assessment of each trader's successes and failures, in their own words, the book shows readers what they can learn from each, and also outlines forty essential lessons—from finding a trading method that fits an investor's personality to learning to appreciate the value of diversification—that investment professionals everywhere can apply in their own careers. Bringing together the wisdom of the true masters of the markets, Hedge Fund Market Wizards is a collection of timeless insights into what it takes to trade in the hedge fund world. |
| balyasny asset management wikipedia: When Genius Failed Roger Lowenstein, 2001-10-09 “A riveting account that reaches beyond the market landscape to say something universal about risk and triumph, about hubris and failure.”—The New York Times NAMED ONE OF THE BEST BOOKS OF THE YEAR BY BUSINESSWEEK In this business classic—now with a new Afterword in which the author draws parallels to the recent financial crisis—Roger Lowenstein captures the gripping roller-coaster ride of Long-Term Capital Management. Drawing on confidential internal memos and interviews with dozens of key players, Lowenstein explains not just how the fund made and lost its money but also how the personalities of Long-Term’s partners, the arrogance of their mathematical certainties, and the culture of Wall Street itself contributed to both their rise and their fall. When it was founded in 1993, Long-Term was hailed as the most impressive hedge fund in history. But after four years in which the firm dazzled Wall Street as a $100 billion moneymaking juggernaut, it suddenly suffered catastrophic losses that jeopardized not only the biggest banks on Wall Street but the stability of the financial system itself. The dramatic story of Long-Term’s fall is now a chilling harbinger of the crisis that would strike all of Wall Street, from Lehman Brothers to AIG, a decade later. In his new Afterword, Lowenstein shows that LTCM’s implosion should be seen not as a one-off drama but as a template for market meltdowns in an age of instability—and as a wake-up call that Wall Street and government alike tragically ignored. Praise for When Genius Failed “[Roger] Lowenstein has written a squalid and fascinating tale of world-class greed and, above all, hubris.”—BusinessWeek “Compelling . . . The fund was long cloaked in secrecy, making the story of its rise . . . and its ultimate destruction that much more fascinating.”—The Washington Post “Story-telling journalism at its best.”—The Economist |
| balyasny asset management wikipedia: The True Story of the Bilderberg Group Daniel Estulin, 2009 From behind the closed doors past the armed guards, comes the true story of the world's power-elite and their secret plans for our future. |
| balyasny asset management wikipedia: The Invisible Hands Steven Drobny, 2011-08-08 Hedge fund managers who survived and profited through the 2008 financial crisis share their secrets In light of the colossal losses and amidst the resulting confusion that still lingers, it is time to rethink money management in the broadest of terms. Drastic changes need to be made, and managers who actually made money during 2008 make for a logical starting place. The Invisible Hands provides investors and traders with the latest thinking from some of the best and the most successful players in money management, highlighting the specific risk and return objectives of each, and discussing the evolution of certain styles and beliefs in money management. Contains revealing interviews with top hedge fund managers who survived and prospered through the 2008 financial crisis Outlines investments and strategies for the rocky road ahead Reveals how hedge fund managers are seeking a new paradigm of risk management and profit making opportunities in the post-crisis world Gives guidance on how traditional investors such as pensions, endowments, foundations and family offices should rethink how they approach asset allocation and portfolio construction Page by page, the top macro thinkers found in this book reveal their own approaches to markets, risk, and the broader world in which we live, as well as their advice on how investors should be approaching money management in today's uncertain world. |
| balyasny asset management wikipedia: Fed Up! Colin Lancaster, 2021-05-04 Fed Up! tells the story of a global macro trader working amidst the greatest market panic we have seen since the Great Depression. As the COVID-19 pandemic spreads across the world, readers are taken through the late-stage decadence of an exuberant market bubble to the depths of the market crash and into the early innings of a recovery. It provides readers with a front row seat on trading activity, allowing them to experience the heartbeat of the markets. It’s also about money and opportunity. It’s about the moral dilemma of a man who is struggling as he reaches his own peak. Readers will experience the frenetic pace of life as a trader and will connect with the protagonist, experiencing his struggle to balance his personal values with the compromised values of the world around him. It shines a light on the largest policy issues confronting the U.S., while offering an entertaining and humorous look at the guys and gals who are the new market operators. This riveting account of the 2020 market crash from inside the mind of a global macro trader will serve as an exciting, nail-biting record of current times. It is about making fortunes while the world slips into misfortune. Will he beat the markets or will the markets beat him? |
| balyasny asset management wikipedia: Margin of Safety Seth A. Klarman, 1991 Tells how to avoid investment fads, explains the basic concepts of value-investment philosophy, and offers advice on portfolio management |
| balyasny asset management wikipedia: Not My Grandfather's Wall Street: Diaries of a Derivatives Trader David von Leib, 2015-09-14 “Not all financial careers are the peachy-keen easy ones. This is an important story that reads more like fact than fiction across the huge exponential growth of derivatives trading and the repeated financial crises of the past 35 years. I was fascinated by all the constant twists and turns, and the characters encountered. Well done!” —Silvio Santini, author of Wall Street Journeyman “There is little doubt that fractal rhythms and cycles exist in markets. In the spirit of the recent popular movie The Forecaster, the author touches upon some of these rhythms through his unique market experiences. A thrilling view from the front lines of markets from the 1980 Hunt Silver Crisis through to the medicated, “Politburo” markets of today.” —Dimitri Chalvatsiotis, Macro Portfolio Manager Follow the path of a numbers-oriented young man through a start-stop career on Wall Street that includes involvement with the 1980 Hunt Silver Crisis, the 1987 Stock Market Crash, the 1999 fall from grace of a guru hedge fund manager, the mysterious death of a famous international banker, life working for a short-crazed global value equity manager, and a path into the world of retail-oriented wealth management. Is it all true? No, but it could be—loosely crafted historical fiction based on an actual career that spanned three decades—a period where derivatives trading went from nonexistent to big business. |
| balyasny asset management wikipedia: High-Frequency Trading Irene Aldridge, 2013-04-22 A fully revised second edition of the best guide to high-frequency trading High-frequency trading is a difficult, but profitable, endeavor that can generate stable profits in various market conditions. But solid footing in both the theory and practice of this discipline are essential to success. Whether you're an institutional investor seeking a better understanding of high-frequency operations or an individual investor looking for a new way to trade, this book has what you need to make the most of your time in today's dynamic markets. Building on the success of the original edition, the Second Edition of High-Frequency Trading incorporates the latest research and questions that have come to light since the publication of the first edition. It skillfully covers everything from new portfolio management techniques for high-frequency trading and the latest technological developments enabling HFT to updated risk management strategies and how to safeguard information and order flow in both dark and light markets. Includes numerous quantitative trading strategies and tools for building a high-frequency trading system Address the most essential aspects of high-frequency trading, from formulation of ideas to performance evaluation The book also includes a companion Website where selected sample trading strategies can be downloaded and tested Written by respected industry expert Irene Aldridge While interest in high-frequency trading continues to grow, little has been published to help investors understand and implement this approach—until now. This book has everything you need to gain a firm grip on how high-frequency trading works and what it takes to apply it to your everyday trading endeavors. |
| balyasny asset management wikipedia: The Front Office Tom Costello, 2021-02-05 Getting into the Hedge Fund industry is hard, being successful in the hedge fund industry is even harder. But the most successful people in the hedge fund industry all have some ideas in common that often mean the difference between success and failure. The Front Office is a guide to those ideas. It's a manual for learning how to think about markets in the way that's most likely to lead to sustained success in the way that the top Institutions, Investment Banks and Hedge Funds do. Anyone can tell you how to register a corporation or how to connect to a lawyer or broker. This isn't a book about those 'back office' issues. This is a book about the hardest part of running a hedge fund. The part that the vast majority of small hedge funds and trading system developers never learn on their own. The part that the accountants, settlement clerks, and back office staffers don't ever see. It explains why some trading systems never reach profitability, why some can't seem to stay profitable, and what to do about it if that happens to you. This isn't a get rich quick book for your average investor. There are no easy answers in it. If you need someone to explain what a stock option is or what Beta means, you should look somewhere else. But if you think you're ready to reach for the brass ring of a career in the institutional investing world, this is an excellent guide. This book explains what those people see when they look at the markets, and what nearly all of the other investors never do. |
| balyasny asset management wikipedia: Option Spread Trading Russell Rhoads, 2011-01-11 A practical guide to unlocking the power of option spreads When dealing with option spreads your looking to purchase one option in conjunction with the sale of another option. If managed properly, these spreads can provide experienced investors with the potential for large returns without undertaking a great deal of risk. Option Spread Trading provides a comprehensive, yet easy-to-understand explanation of option spreads, and shows you how to select the best spread strategy for any given market outlook. Along the way, author Russell Rhoads discusses spread strategies that can be used to profit from a strong up or down directional move in a stock, a stagnant market, or a highly volatile market. He also details how you can harness the leverage of options to create a low-risk position that provides the potential for a big profit. All manner of spreads are covered, from calendar and horizontal spreads to vertical and diagonal spreads Highlights how you can monitor and adjust an existing spread position and provides tips on how to exit a spread trade Includes exercises and examples to test and reinforce your knowledge of the concepts presented Option spread trading has become increasingly popular with active traders and investors. Gain a better understanding of this powerful approach with Option Spread Trading as your guide. |
| balyasny asset management wikipedia: Suits Nina Godiwalla, 2011-02-28 A fiercely ambitious woman from the Persian-Indian community ventures from Houston to New York to follow her dream of working in the world of banking and finance in pursuit of success, honor, and family pride. |
| balyasny asset management wikipedia: The Art of Short Selling Kathryn F. Staley, 1996-12-23 A one-of-a-kind book that shows you how to cash in on the latestinvesting trend--short selling The Art of Short Selling is the best description of this difficulttechnique.--John Train, Train, Thomas, Smith Investment Counsel,and author of The New Money Masters Kathryn Staley has done a masterful job explaining the highlyspecialized art of short selling. Her approach to telling the truestories of famous investment 'scams' will keep the readerspellbound, while teaching the investor many cruciallessons.--David W. Tice, Portfolio Manager, Prudent BearFund Selling short is still a misunderstood discipline, but even themost raging bull needs to know this valuable technique to masterthe ever-changing markets.--Jim Rogers, author, InvestmentBiker On the investment playing field, there is perhaps no game moreexciting than short selling. With the right moves, it can yieldhigh returns; one misstep, however, can have disastrousconsequences. Despite the risk, a growing number of players areanteing up, sparked in part by success stories such as that ofGeorge Soros and the billions he netted by short selling theBritish pound. In The Art of Short Selling, Kathryn Staley, anexpert in the field, examines the essentials of this importantinvestment vehicle, providing a comprehensive game plan with whichyou can effectively play--and win--the short selling game. Whether used as a means of hedging bets, decreasing the volatilityof total returns, or improving returns, short selling must behandled with care--and with the right know-how. As Staley pointsout, Short selling is not for the faint of heart. If a stock movesagainst the position holder, the effect on a portfolio and networth can be devastating. Investors need to understand the impacton their accounts as well as the consequences of getting bought inbefore they indulge in short selling. The Art of Short Sellingguides you--clearly and concisely--through the ins and outs of thishigh-risk, high-stakes game. The first--and most important--move in selling short is to identifyflaws in a business before its share prices drop. To help youtackle this key step, Staley shows you how to evaluate companyfinancial statements and balance sheets, make sense of returnratios, detect inconsistencies in inventory, and analyze thestatement of cash flows. Through real-world examples thatillustrate the shorting of bubble, high multiple growth, and themestocks, you'll proceed step by step through the complete processand learn to carry out all the essentials for a successful shortsell, including quantifying the risk factor and orchestratingcorrect timing, as well as implementing advanced valuationtechniques to execute the sell/buy. Packed with landmark, cutting-edge examples, up-to-the-minuteguidelines, and pertinent regulations, The Art of Short Selling isa timely and comprehensive reference that arms you with thenecessary tools to make a prepared and confident entrance onto theshort selling playing field. |
| balyasny asset management wikipedia: Trading in Commodity Futures United States. Commodity Exchange Administration, 1937 |
| balyasny asset management wikipedia: My Life as a Quant Emanuel Derman, 2016-01-11 In My Life as a Quant, Emanuel Derman relives his exciting journey as one of the first high-energy particle physicists to migrate to Wall Street. Page by page, Derman details his adventures in this field—analyzing the incompatible personas of traders and quants, and discussing the dissimilar nature of knowledge in physics and finance. Throughout this tale, he also reflects on the appropriate way to apply the refined methods of physics to the hurly-burly world of markets. |
| balyasny asset management wikipedia: AIA Guide to New York City Norval White, Elliot Willensky, Fran Leadon, 2010-06-14 Hailed as extraordinarily learned (New York Times), blithe in spirit and unerring in vision, (New York Magazine), and the definitive record of New York's architectural heritage (Municipal Art Society), Norval White and Elliot Willensky's book is an essential reference for everyone with an interest in architecture and those who simply want to know more about New York City. First published in 1968, the AIA Guide to New York City has long been the definitive guide to the city's architecture. Moving through all five boroughs, neighborhood by neighborhood, it offers the most complete overview of New York's significant places, past and present. The Fifth Edition continues to include places of historical importance--including extensive coverage of the World Trade Center site--while also taking full account of the construction boom of the past 10 years, a boom that has given rise to an unprecedented number of new buildings by such architects as Frank Gehry, Norman Foster, and Renzo Piano. All of the buildings included in the Fourth Edition have been revisited and re-photographed and much of the commentary has been re-written, and coverage of the outer boroughs--particularly Brooklyn--has been expanded. Famed skyscrapers and historic landmarks are detailed, but so, too, are firehouses, parks, churches, parking garages, monuments, and bridges. Boasting more than 3000 new photographs, 100 enhanced maps, and thousands of short and spirited entries, the guide is arranged geographically by borough, with each borough divided into sectors and then into neighborhood. Extensive commentaries describe the character of the divisions. Knowledgeable, playful, and beautifully illustrated, here is the ultimate guided tour of New York's architectural treasures. Acclaim for earlier editions of the AIA Guide to New York City: An extraordinarily learned, personable exegesis of our metropolis. No other American or, for that matter, world city can boast so definitive a one-volume guide to its built environment. -- Philip Lopate, New York Times Blithe in spirit and unerring in vision. -- New York Magazine A definitive record of New York's architectural heritage... witty and helpful pocketful which serves as arbiter of architects, Baedeker for boulevardiers, catalog for the curious, primer for preservationists, and sourcebook to students. For all who seek to know of New York, it is here. No home should be without a copy. -- Municipal Art Society There are two reasons the guide has entered the pantheon of New York books. One is its encyclopedic nature, and the other is its inimitable style--'smart, vivid, funny and opinionated' as the architectural historian Christopher Gray once summed it up in pithy W & W fashion. -- Constance Rosenblum, New York Times A book for architectural gourmands and gastronomic gourmets. -- The Village Voice |
| balyasny asset management wikipedia: Nanostructured Coatings Albano Cavaleiro, Jeff T. de Hosson, 2007-02-19 This book delivers practical insight into a broad range of fields related to hard coatings, from their deposition and characterization up to the hardening and deformation mechanisms allowing the interpretation of results. The text examines relationships between structure/microstructure and mechanical properties from fundamental concepts, through types of coatings, to characterization techniques. The authors explore the search for coatings that can satisfy the criteria for successful implementation in real mechanical applications. |
| balyasny asset management wikipedia: A Trader's First Book on Commodities Carley Garner, 2012-12-14 Earn consistent profits trading commodities, even if you're a newcomer to the commodities markets! Carley Garner's A Trader’s First Book on Commodities, Second Edition is today's most practical and realistic introduction to successful commodities trading. More than any other primer, it recognizes that the most important trading decisions are made long before the first trade is executed. Drawing on years of dealing with retail traders from all walks of life, experience levels, and amounts of risk capital, Garner answers the most pressing questions newcomers ask -- and the questions they haven't realized they need to ask. This extensively updated Second Edition reflects major changes in the market over the past three years, including new trading challenges, platforms, tools, data resources, and risks. Garner presents a hard-eyed look at the collapses of MF Global and PFGBEST, their failure to honor the sanctity of “Customer Segregated Funds” accounts, the implications for investors, and techniques for mitigating these new risks. She has added new charts and example trades throughout; new coverage of commodity impacts arising from recent events in Europe; important information about new technological improvements and competitive intraday position margin standards; and much more. |
| balyasny asset management wikipedia: The Artist Project Christopher Noey, Thomas P. Campbell, 2017-09-19 Artists have long been stimulated and motivated by the work of those who came before them—sometimes, centuries before them. Interviews with 120 international contemporary artists discussing works from The Metropolitan Museum of Art's collection that spark their imagination shed new light on art-making, museums, and the creative process. Images of works from The Met collection appear alongside images of the contemporary artists' work, allowing readers to discover a rich web of visual connections that spans cultures and millennia. |
| balyasny asset management wikipedia: Trading VIX Derivatives Russell Rhoads, 2011-08-09 A guide to using the VIX to forecast and trade markets Known as the fear index, the VIX provides a snapshot of expectations about future stock market volatility and generally moves inversely to the overall stock market. Trading VIX Derivatives will show you how to use the Chicago Board Options Exchange's S&P 500 volatility index to gauge fear and greed in the market, use market volatility to your advantage, and hedge stock portfolios. Engaging and informative, this book skillfully explains the mechanics and strategies associated with trading VIX options, futures, exchange traded notes, and options on exchange traded notes. Many market participants look at the VIX to help understand market sentiment and predict turning points. With a slew of VIX index trading products now available, traders can use a variety of strategies to speculate outright on the direction of market volatility, but they can also utilize these products in conjunction with other instruments to create spread trades or hedge their overall risk. Reviews how to use the VIX to forecast market turning points, as well as reveals what it takes to implement trading strategies using VIX options, futures, and ETNs Accessible to active individual traders, but sufficiently sophisticated for professional traders Offers insights on how volatility-based strategies can be used to provide diversification and enhance returns Written by Russell Rhoads, a top instructor at the CBOE's Options Institute, this book reflects on the wide range of uses associated with the VIX and will interest anyone looking for profitable new forecasting and trading techniques. |
| balyasny asset management wikipedia: Alternative Alternatives Sona Blessing, 2011-03-28 In the aftermath of the financial crisis, investors are searching for new opportunities and products to safeguard their investments for the future. Riding high on the wave of new financial opportunities are Alternative Alternatives (AA). However, there is a dearth of information on what Alternative Alternatives are, how they work, and how they can be profited from. The book defines what Alternative Alternatives are, based on research and the following hypothesis: If the source (origin) of the risk lies outside of the financial markets, then it should be insulated from the vagaries of those markets. The book identifies and examines such and other unique, idiosyncratic, and difficult to replicate sources of risk - assets and strategies. The recent credit and sovereign debt crisis have served to defend the hypothesis and have upheld the conclusion that alternative alternative assets and strategies offer a risk-return profile that is distinct to those offered by traditional and main stream hedge fund strategies. These strategies include timberland investing, insurance risk transfer, asset/loan based lending (aviation, shipping, trade, entertainment, litigation financing etc), collectables and extraction strategies such as volatility and behaviour finance. This book will be a one stop resource to the new investment class known globally as Alternative Alternatives (AA) and will provide a comprehensive but accessible introduction to these assets. It provides an in-depth analysis of the assets and strategies which will leave investors with everything they need to identify and allocate to the best AA for them. It reviews the asset on a standalone basis, providing an explanation of the product, its characteristics, a SWOT analysis, and details its risk/reward drivers. The book also looks at how to integrate the asset within a portfolio - its peculiarities, the challenges and the constraints of each. Next, the book shows how Alternative Alternatives are used in the real world, how they are implemented, and the results that they have achieved. Finally, the book looks at the scope, scalability and prospects for each asset in the future. |
| balyasny asset management wikipedia: Trading with the Market Wizards Jack D. Schwager, 2013-04-01 A complete collection of Jack D. Schwager's bestselling Market Wizards series In his Market Wizards series, author and financial industry expert Jack D. Schwager reveals inside secrets, tips, and insight from the top traders in today's financial markets. Packed with winning advice for individual traders and professionals alike, this five-volume collection compiles Schwager's best in one package at one low price. The set includes: The hardcover edition of the original Market Wizards: Interviews with Top Traders featuring guiding trading principles based on firsthand interviews with successful traders in most financial markets The hardcover edition of The New Market Wizards: Interviews with America's Top Traders featuring even more invaluable insight from even more super-successful traders The hardcover edition of Stock Market Wizards: Interviews with America's Top Stock Traders featuring enlightening stories from successful stock traders, from self-taught traders to professional hedge fund managers The hardcover edition of Hedge Fund Market Wizards: How Winning Traders Win featuring a behind-the-scenes look at the world of hedge funds and fifteen traders who have consistently beaten the markets The Winning Methods of the Market Wizards DVD which reveals the key tactics and shared traits of the world’s most acclaimed traders |
| balyasny asset management wikipedia: Optical Network Technology D.W. Smith, 1994-11-30 The Information Super Highway concept has gained great popularity recently. If the super highway is to be realised it will almost certainly be built mainly using optical fibres. The British Telecoms research group in this area has long been acknowledged as a leading force in developing optical communications technology. In this book they set out the technology necessary to build the super highway of the future. |
| balyasny asset management wikipedia: PX This. - the Revised Edition Abbe Diaz, 2010-05-20 PX This. (diary of the 'Maître d' to the Stars'), by Abbe Diaz, is the witty, irreverent (star-studded) four-year diary of a struggling commercial-artist/fashion-designer moonlighting as a maître d' at some of Manhattan's most renowned restaurants. It is a humorous, poignant, and uniquely insightful romp through the nightly playgrounds of some of New York's (and Hollywood's) most glamorous and elite, as viewed from the front podium. You'll laugh! You'll cry! It's 'the bible of the [NYC fine-dining Food and Beverage] industry.''Restaurateur Jean-Georges Vongerichten is so annoyed by the success of his former Maitre D' Abbe Diaz's new tell-all book, he is forcing his employees to sign confidentiality agreements. They were also banned from discussing [the book] at work.' ' The New York Post |
| balyasny asset management wikipedia: New York 1930 Robert A. M. Stern, Gregory Gilmartin, Thomas Mellins, 1987 Highly esteemed by architects and New York history enthusiasts, 'New York 1930' focuses on the development of many of the landmark structures and the built environment of New York, including the parks, highways, and entertainment districts. |
| balyasny asset management wikipedia: The Bowery Boys Greg Young, Tom Meyers, 2016-06-21 Uncover fascinating, little-known histories of the five boroughs in The Bowery Boys’ official companion to their popular, award-winning podcast. It was 2007. Sitting at a kitchen table and speaking into an old karaoke microphone, Greg Young and Tom Meyers recorded their first podcast. They weren’t history professors or voice actors. They were just two guys living in the Bowery and possessing an unquenchable thirst for the fascinating stories from New York City’s past. Nearly 200 episodes later, The Bowery Boys podcast is a phenomenon, thrilling audiences each month with one amazing story after the next. Now, in their first-ever book, the duo gives you an exclusive personal tour through New York’s old cobblestone streets and gas-lit back alleyways. In their uniquely approachable style, the authors bring to life everything from makeshift forts of the early Dutch years to the opulent mansions of The Gilded Age. They weave tales that will reshape your view of famous sites like Times Square, Grand Central Terminal, and the High Line. Then they go even further to reveal notorious dens of vice, scandalous Jazz Age crime scenes, and park statues with strange pasts. Praise for The Bowery Boys “Among the best city-centric series.” —New York Times “Meyers and Young have become unofficial ambassadors of New York history.” —NPR “Breezy and informative, crowded with the finest grifters, knickerbockers, spiritualists, and city builders to stalk these streets since back when New Amsterdam was just some farms.” —Village Voice “Young and Meyers have an all-consuming curiosity to work out what happened in their city in years past, including the Newsboys Strike of 1899, the history of the Staten Island Ferry, and the real-life sites on which Martin Scorsese’s Vinyl is based.” —The Guardian |
| balyasny asset management wikipedia: Fixed Income Portfolio Management H. Gifford Fong, Frank J. Fabozzi, 1985 Looks at fixed income securities, discusses portfolio restraints, passive and active strategies, futures, and options, and includes mathematical models. |
| balyasny asset management wikipedia: The Encyclopedia of New York City Kenneth T. Jackson, Lisa Keller, Nancy Flood, 2010-12-01 Covering an exhaustive range of information about the five boroughs, the first edition of The Encyclopedia of New York City was a success by every measure, earning worldwide acclaim and several awards for reference excellence, and selling out its first printing before it was officially published. But much has changed since the volume first appeared in 1995: the World Trade Center no longer dominates the skyline, a billionaire businessman has become an unlikely three-term mayor, and urban regeneration—Chelsea Piers, the High Line, DUMBO, Williamsburg, the South Bronx, the Lower East Side—has become commonplace. To reflect such innovation and change, this definitive, one-volume resource on the city has been completely revised and expanded. The revised edition includes 800 new entries that help complete the story of New York: from Air Train to E-ZPass, from September 11 to public order. The new material includes broader coverage of subject areas previously underserved as well as new maps and illustrations. Virtually all existing entries—spanning architecture, politics, business, sports, the arts, and more—have been updated to reflect the impact of the past two decades. The more than 5,000 alphabetical entries and 700 illustrations of the second edition of The Encyclopedia of New York City convey the richness and diversity of its subject in great breadth and detail, and will continue to serve as an indispensable tool for everyone who has even a passing interest in the American metropolis. |
| balyasny asset management wikipedia: The Handbook of Commodity Investing Frank J. Fabozzi, Roland Fuss, Dieter G. Kaiser, 2008-06-02 Filled with a comprehensive collection of information from experts in the commodity investment industry, this detailed guide shows readers how to successfully incorporate commodities into their portfolios. Created with both the professional and individual investor in mind, The Handbook of Commodity Investments covers a wide range of issues, including the risk and return of commodities, diversification benefits, risk management, macroeconomic determinants of commodity investments, and commodity trading advisors. Starting with the basics of commodity investments and moving to more complex topics, such as performance measurement, asset pricing, and value at risk, The Handbook of Commodity Investments is a reliable resource for anyone who needs to understand this dynamic market. |
| balyasny asset management wikipedia: Ayn Rand Nation Gary Weiss, 2012-02-28 Thirty years after her death in March 1982, Ayn Rand's ideas have never been more important. In Ayn Rand Nation, Weiss explores the people and institutions that continue to be heavily influenced by Rand's work, particularly in the current political and economic climate. |
| balyasny asset management wikipedia: Algorithmic Trading & DMA Barry Johnson, 2010 |
| balyasny asset management wikipedia: On the Rise Paul Goldberger, 1985 |
| balyasny asset management wikipedia: Trump Strategies for Real Estate George H. Ross, 2006-02-17 Trump Strategies for Real Estate offers unbeatable insider advice for every serious real estate investor—beginners and old pros alike. For more than twenty-five years, author George Ross has been one of Donald Trump’s chief advisors and intimately involved with many of Trump’s biggest real estate deals. Now, Ross teams up with bestselling real estate author Andrew McLean to present Trump’s real estate investment strategies so that even small investors can invest like Trump. You’ll learn how Trump identifies potential properties and how he finances, negotiates, and markets his big deals. Not everyone has Trump’s money or name, but everyone, even you, can use his tactics and strategies to win big in real estate. |
| balyasny asset management wikipedia: Custodial Mothers and Fathers and Their Child Support , 2006 |
| balyasny asset management wikipedia: How to Make Money with Commodities Andrew Hecht, 2013-02-22 Generate steady returns in one of the world's hottest markets How to Make Money with Commodities offers proven strategies and tactics to help individual investors capitalize from the commodities market as global demographic shifts drive prices up. How to Make Money with Commodities sets out in crystal-clear language how the commodity markets affect you every day, and in every way, and why your understanding of the market is essential to your portfolio. An incredibly valuable resource for investors of all levels! -- Ed Weis, Dean, School of Business at Mercy College; former Managing Director, Merrill Lynch This book gives fascinating insight into the high-octane world of commodities trading. It unravels the mysteries of the market, layer by layer. -- Ian McConnell, Business Editor, The Herald (UK) and award-winning journalist Andrew Hecht has taken the world of commodities and presented a compelling picture of the various markets from past to present to future. The comprehensive nature of the book makes it a must-read for anyone who is or hopes to be a trader or analyst. . . . Andy's writing is engaging, and he has written a book for everyone, as we are all commodities consumers and intimately affected by these markets. -- Josef Schroeter, President, CQG Inc. Given demographic trends around the globe and the increasing demand for staple goods, the commodities market has transformed into one of the hottest new mainstream investment sectors. If your portfolio neglects commodities, now is the time to change it. How to Make Money with Commodities gives you a fully rounded understanding of the market so you can make the very best investment decisions based on your individual strategies and goals. One of the most sought-after commodities and commodity options traders and analysts in the world, Andrew T. Hecht explains how commodities relate to stocks, bonds, and foreign exchange, and how they affect the average person’s world every day. Bolstered by case studies, historical trends and examples, and Hecht's personal experience, How to Make Money with Commodities explores the fundamentals and technicalities that determine commodity prices and shows how you can use that knowledge to your advantage. Learn everything there is to know about all the major commodities markets, including: ENERGY--oil and oil products, natural gas, electricity, coal, alternative energy PRECIOUS METALS--gold, silver, platinum, palladium, and others BASE METALS--copper, aluminum, nickel, lead, zinc, tin AGRICULTURE--corn, wheat, soybeans, rice, cattle, hogs SOFT COMMODITIES--coffee, sugar, cocoa, orange juice, cotton OTHER COMMODITIES--steel, fertilizers, rare earth metals, lumber, emission allowances, and more Hecht explains the ins and outs of every market and provides an expert's insight into government regulations, speculators, traders, and the role China will play in shaping the market's future--and he explains how to invest directly in commodity-related instruments such as physical commodities, futures contracts, and options on futures contracts. How to Make Money with Commodities is the perfect one-stop resource for building a solid financial future on a market that promises to remain active and vibrant for the foreseeable future. Get started with commodities today and watch your profitability soar. |
| balyasny asset management wikipedia: The Liar's Ball Vicky Ward, 2014-10-27 Inside the world of the real Great Gatsby of New York real estate Harry Macklowe is one of the most notorious wheelers and dealers of the real estate world, and Liar's Ball is the story of the gamblers and thieves who populate his world. Watch as Harry makes the gutsy bid for midtown Manhattan's famous GM building and put almost no money down, landing the billion-dollar transaction that made him the poster child for New York's real estate royalty. Listen in on the secret conversations, back-door deals, and blackmail that put Macklowe and his cronies on top—and set them up for an enormous fall. Vanity Fair contributing editor Vicky Ward skillfully paints the often scandalous picture of the giants who owned the New York skyline until their empires came crumbling down in the 2008 financial crisis. Based on more than 200 interviews with real estate moguls like Donald Trump, William Zeckendorf, Mort Zuckerman, and David Simon, Liar's Ball is the never-before-told story of the egomaniacal elites of New York City. Read about: The epic rise and fall of one of the richest American real estate barons Outlandish greed and cravings for power, attention, and love Relationships built and destroyed by vanity and gossip The bursting of the real estate bubble and its aftermath This is no fiction—this is a real life tale of extravagance, ambition, and power. Harry Macklowe ruthlessly clawed his way to the top with the help of his loyal followers, each grubbing for a piece of the real estate pie. Liar's Ball reveals their secrets and tells the tale of business as usual for this group—lying, backstabbing, and moving in for the kill when things look patchy. From the bestselling author of The Devil's Casino comes an expos??? on the real estate elite that you'll hardly believe. |
Balyasny Asset Management
Balyasny is a multi-strategy asset management firm. Our goal is to provide consistent, uncorrelated returns in all market environments.
About Us | Balyasny Asset Management - bamfunds.com
At Balyasny, our teams share insights across strategies and around the world as we generate unique ideas and pursue uncorrelated returns for our clients.
Our Strategies | Balyasny Asset Management - bamfunds.com
Balyasny is founded on principles of partnership and humility. We stay adaptable and innovative, working together to enhance our capabilities and grow as professionals and as a firm.
Careers | Balyasny Asset Management
Working at Balyasny is an opportunity to build businesses, ideas, teams, and careers. Our talent development programs equip you with new skills and help you maximize your potential at any …
News & Insights | Balyasny Asset Management
How Balyasny's Fixed Income & Macro teams collaborate across strategies and geographies
Internships | Balyasny Asset Management
Successful interns returning to full-time positions in Macro, Commodities, and Technology participate in our rotational programs, which integrate them into top-performing teams across …
Locations | Balyasny Asset Management
Balyasny Asset Management (Middle East) Limited. 312 Al Mustaqbal St. ICD Brookfield Place. Unit 44-02, 44th Floor, Dubai International Financial Centre. Dubai. United Arab Emirates
Talent Development | Balyasny Asset Management
Talent development is a strategic priority at Balyasny—for ourselves and our investors. Through hands-on experience and custom training programs, we invest in making long-term success …
Leadership | Balyasny Asset Management
Dmitry Balyasny. Managing Partner & Chief Investment Officer. Taylor O'Malley. Co-Founding Partner & President. Scott Schroeder. Co-Founding Partner. Investment Committee. Dan …
Investment | Balyasny Asset Management
The Balyasny platform provides teams with the tools, technology, and data to grow and succeed. Developing investing talent From junior analysts to leading portfolio managers, we develop …
Balyasny Asset Management
Balyasny is a multi-strategy asset management firm. Our goal is to provide consistent, uncorrelated returns in all market environments.
About Us | Balyasny Asset Management - bamfunds.com
At Balyasny, our teams share insights across strategies and around the world as we generate unique ideas and pursue uncorrelated returns for our clients.
Our Strategies | Balyasny Asset Management - bamfunds.com
Balyasny is founded on principles of partnership and humility. We stay adaptable and innovative, working together to enhance our capabilities and grow as professionals and as a firm.
Careers | Balyasny Asset Management
Working at Balyasny is an opportunity to build businesses, ideas, teams, and careers. Our talent development programs equip you with new skills and help you maximize your potential at any …
News & Insights | Balyasny Asset Management
How Balyasny's Fixed Income & Macro teams collaborate across strategies and geographies
Internships | Balyasny Asset Management
Successful interns returning to full-time positions in Macro, Commodities, and Technology participate in our rotational programs, which integrate them into top-performing teams across …
Locations | Balyasny Asset Management
Balyasny Asset Management (Middle East) Limited. 312 Al Mustaqbal St. ICD Brookfield Place. Unit 44-02, 44th Floor, Dubai International Financial Centre. Dubai. United Arab Emirates
Talent Development | Balyasny Asset Management
Talent development is a strategic priority at Balyasny—for ourselves and our investors. Through hands-on experience and custom training programs, we invest in making long-term success …
Leadership | Balyasny Asset Management
Dmitry Balyasny. Managing Partner & Chief Investment Officer. Taylor O'Malley. Co-Founding Partner & President. Scott Schroeder. Co-Founding Partner. Investment Committee. Dan …
Investment | Balyasny Asset Management
The Balyasny platform provides teams with the tools, technology, and data to grow and succeed. Developing investing talent From junior analysts to leading portfolio managers, we develop …
