Marcus Schulmerich

This book, updated to cover the financial crisis 2008, analyzes real options valuation for non-constant versus constant interest rates using simulations and historical backtesting. Meer

This book is a guide to asset and risk management from a practical point of view. It is centered around two questions triggered by the global events on the stock markets since the middle of the last decade:

-  Why do crashes happen when in theory they should not? Meer