How to lose money in derivatives

[MikeLawrence]

I've been reading a lot of Ziemba lately, this paper is pretty entertaining and good background for anyone. Basically an Aesops fables of finance.

Free online at SSRN.

How to Lose Money in Derivatives: Examples from Hedge Funds and Bank Trading Departments

What makes futures hedge funds fail? The common ingredient is over betting and not being diversified in some bad scenarios that can lead to disaster. Once troub

papers.ssrn.com

 

[Paul Lopez]

Wow I enjoyed this way too much. Thanks for posting!