MOMENTAN AUSVERKAUFT
Über dieses Produkt
Product Identifiers
PublisherForbes Books
ISBN-101950863026
ISBN-139781950863020
eBay Product ID (ePID)3050404387
Product Key Features
Book TitleRisk Is an Asset : Turning Commodity Price Uncertainty Into a Strategic Advantage
Number of Pages240 Pages
LanguageEnglish
TopicFinance / Financial Risk Management, Investments & Securities / Commodities / Energy, Strategic Planning
Publication Year2020
GenreBusiness & Economics
AuthorWayne Penello, Andrew P. Furman
FormatHardcover
Dimensions
Item Height1 in
Item Length9.1 in
Item Width6.1 in
Additional Product Features
LCCN2020-906173
Table Of ContentLearning to Manage Uncertainty Identifying and Managing Risk Facing the Facts Hedging Risk to Achieve Success Organizing the Problem and Data Quantifying Risk PRM Using Success Metrics Tactical Hedging Consumer Hedging Producer Hedging Midstream Hedging One Process Turning Risk into an Asset and Uncertainty into a Strategic Advantage EPILOGUE
SynopsisWAYNE PENELLO AND ANDREW FURMAN have spent the better part of forty years investigating traditional hedging practices and innovating a better solution. And that innovation put them on a path to invent a groundbreaking approach to hedging. Risk Is an Asset tells the story of that invention, and it will transform the way you think about hedging strategies. What you will learn by reading this book is that effective hedging is not a decision, it is a process they call "Process Risk Management," or PRM. It is guided by risk metrics expressed in the same budgetary terms used to measure the success of your business. PRM helps each firm maintain focus on its own budgetary success and avoid the trap of trying to outguess the market. Why is measuring risk in budgetary terms important? Because if you measure the wrong things, you are unlikely to get the results you want.
