Six Myths in Modern Finance that Every Investor Needs to Know - Softcover

Six Myths in Modern Finance that Every Investor Needs to Know provides key insights into fundamental mathematical problems in modern finance. These problems contributed significantly to the recent crisis in the financial services industry. The book goes to the heart of the problem by taking on the questions: Why did the recent financial crisis occur? What can we do to keep such a crisis from happening again? Using graphic illustrations, a text geared toward visual imagery, and simple numerical examples the book clearly shows investors some very serious problems in the mathematical foundations of modern finance. All investors, even those who have only used modern finance as a guide to asset allocation or savings decisions, will be interested in taking the this tour through the mathematical underpinnings of modern finance to see exactly where the problems are, and what it will take to get them fixed.