Hedging Demystified

Do changes in: commodity prices interest rates foreign currency exchange rates or weather jeopardize your bottom line? Finally, it’s here: a practical, straightforward book on how to manage those uncertainties. It contains clear illustrations of how futures, options, and swaps work to curb risk. Written for a businessperson by a businessperson, this handbook explains: The mechanics of hedging How hedging protects wealth How to achieve more predictable earnings amid the unpredictable Specific examples of hedging Hedging opportunities and pitfalls Hedging Demystified is an essential guide to any business that deals with commodities, debt, international trade, or weather. This primer on hedging brings clarity and direction to make your business more sustainable. Downloadable illustrations accompany the audiobook. A CPA and former corporate treasurer with over thirty years of business experience, TIM BISHOP has seen hedging from all angles—as scout, strategist, tactician, trader, accountant, supervisor, and treasurer. He knows how to distill the complexities of financial risk for people who are looking for answers.