C++ Design Patterns and Derivatives Pricing (Mathematics, Finance and Risk)

Book Description

Combining mathematical finance with C++ and object-oriented programming (00P), M. Joshi demonstrates the relevance and use of OOP in financial mathematics by describing how to use price derivatives to obtain reusable and extensible code. A large part of the book is devoted to designing reusable components which are then combined to build a Monte Carlo pricer for exotic equity derivatives. Readers knowing the basics of C++ and mathematical finance, but are unclear how to use OOP to implement models, will welcome this analysis.

Customer Reviews:

An excellent crash course in OOP.......2007-10-04

Do not be put off by the rich price/page-count multiple: it will take a lot of time and work to go through the book's 200 pages, and you won't regret the effort. You may be interested to know that Mark Joshi has devoted a section of his site to the book, complete with a forum for readers. Two warnings on what this book is not:

(1) It is not one's introduction to C++; you risk a brain aneurysm trying to learn C++ on the go.
(2) It's not a collection of ready-to-use code. (The reviewer complaining about lack of coverage of IR models misses the point completely).

Instead, it sets out to demonstrate why you need OOP, and does that in the context of a single, progressively expanding, exercise.

Benchmark book on Computational Finance.......2006-06-26

Mark has produced a marvel. The book introduces practical C++ programming with such spontaneity. The author sets the pitch beautifully with a step-by-step introduction of the need of advanced computing. It handholds reader as it expands from basic oops programming to designs and patterns in computing while mentioning rare tips on efficiency requirements when pricing derivatives versus robust programming.

The book is elegantly written with precise explanations and very concise (and very practical). It comes with the code as well.

As the other reviewer pointed out, the book has written for specific purpose and the focus is not diluted throughout (for example, it did not expand on quantitative issues which could have taken the book out of bounds which is a very big plus point). Even though the book is concise, it would require quite a lot of time to get the best out of it, because it is very dense on issues.

A must have book for anyone who is interested in Computational Finance (Quantitative Analyst/Developers, Financial Engineers, and Risk Managers). It filled a very big gap in this arena.

And this is written by a Practitioner Quant. Very well done Mark.

Full of OOP Wisdom!.......2005-10-15

In terms of programming concepts and OOP design for financial engineering, this book has no equals. We have Daniel Duffy's Financial Instrument Pricing Using C++, but it takes a different approach (i.e. generic programming based in STL). All through the book, the author introduces improvements sequentially and doesn't start from the best design from the outset in order to demonstrate the flaws of a less general/useful/reusable program. In this sense, this is mainly a conceptual book, not an example book. For example, it deals with and develops vanilla-option pricing using Monte Carlo simulation over the first five chapters. A reader looking for a cookbook that gives programs to implement a large number of financial-derivative models would be well-advised to look elsewhere (e.g. Justin London's Modeling Derivatives in C++). However, someone looking for OOP wisdom would be generously rewarded for buying this book.

depends what you are looking at.......2005-10-13

This small book (192 pages) is pretty expensive but if it brings you a lot it is OK.

It depends what you are looking at:

If you want a book "how to write a clean C++ program", this book is for you. The authors enhance the formal (and correct) writing you should have when coding.

If you are interested in understand and solve the various problems you encounter implementing derivatives with numerous examples, it is not the good book for you. There are few programs so few examples and solutions. Moreover I have to dig in his classes to understand them. I would have preferred static functions, even if I have to do a little work to implement them in my library.

However from my point of view, the biggest reproach to this book is that it does not treat the interest rate derivatives at all, which is really problematic.

So it was not really interesting. The Clewlow was much better for me.

From particular to general: design patterns in c++.......2005-08-23

In principle, it seems that this book is a very specialized one: design patterns in derivatives pricing. However, Mark Joshi has been able to give ideas that are generalizable to many other fields. For example, I have developed a trading simulator in c++ using several of the ideas of the book. The ideas in the book are so general, that very often one can do simply a copy and paste and just change the names of the classes and variables.

The only complaint to the writer is that he does not supply the answers to the questions of the book. This is standard practice in academia (and there is a good reason for it), but this book is designed mainly for practitioners, that probably do not have too much time to solve difficult questions.

The writer is widely known in forums like nuclearphynance and wilmott for his deep comments about derivatives pricing.

Disclosure: I only know Mark Joshi because I have sent him an email with some questions about the book. He very kindly has replied to me. I do not have any other kind of relation with him.

Book Description

'Franchising in the Hospitality Industry' provides an overview of the issues, debates and challenges associated with business franchising.

In two parts, this text firstly looks at the issues from both an academic and practitioner perspective. The second part looks more closely at service sector groups in the hospitality industry, such as hotels, leisure and catering using national and international examples and illustrations. These demonstrate how the theories and debates discussed in the first part, are tackled in real life situations. Examples used are from well known companies such as McDonalds, Baskin Robbins, Burger King, Choice Hotels, Holiday Inn, Domino Pizza, Pierre Victoire amongst others.

an insight into the national and international activities of franchise operations within the hospitality service sector and the business dynamics associated with franchising in this context
identifies examples of best practice from the point of view of both franchiser and franchisee
a holistic understanding of all issues involved by showing them in a real life context

Quick Service Restaurants, Franchising, and Multi-Unit Chain Management

Average customer rating:

QSR textbook
Quick Service Restaurants, Franchising, and Multi-Unit Chain

Quick Service Restaurants, Franchising, and Multi-Unit Chain Management

Manufacturer: Haworth Hospitality Press
ProductGroup: Book
Binding: Paperback

General | Business & Investing | Subjects | Books

Customer Service | Industries & Professions | Business & Investing | Subjects | Books

Hospitality, Travel & Tourism | Industries & Professions | Business & Investing | Subjects | Books

Industrial | Management & Leadership | Business & Investing | Subjects | Books

Quality Control | Management & Leadership | Business & Investing | Subjects | Books

jp-unknown1 | Specialty Stores | Books

All Titles | Qualifying Textbooks - Fall 2007 | Stores | Books
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The Restaurant Managers Handbook: How to Set Up, Operate, and Manage a Financially Successful Food Service Operation

ASIN: 0789017059

Customer Reviews:

QSR textbook.......2007-10-24

I bought this text to use in a quick service restaurant class for culinary students. Although the articles are well researched, they are rather dated. The editor should update this collection of articles to newer research. The foodservice industry evolves so quickly, that anything older than two to three years quickly becomes old news and passe. The collection of old articles from almost a decade ago also does not justify the high price of this book. My students found little value in this book, other than to see whether the research or trend predictions that were written panned out a decade later.

Quick Service Restaurants, Franchising, and Multi-Unit Chain.......2003-06-18

Loaded with case studies and statistics.
Little or no practical applications.

Restaurant chain cooks up plan for San Diego: Houlihan's Restaurants seeks local franchise agreements.(Hospitality) : An article from: San Diego Business Journal

Average customer rating:

Restaurant chain cooks up plan for San Diego: Houlihan's Restaurants seeks local franchise agreements.(Hospitality) : An article from: San Diego Business Journal
Connie Lewis
Manufacturer: CBJ, L.P.
ProductGroup: Book
Binding: Digital
ASIN: B000ALPNIS
Release Date: 2005-07-25

Book Description

This digital document is an article from San Diego Business Journal, published by CBJ, L.P. on April 4, 2005. The length of the article is 580 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

Citation Details
Title: Restaurant chain cooks up plan for San Diego: Houlihan's Restaurants seeks local franchise agreements.(Hospitality)
Author: Connie Lewis
Publication: San Diego Business Journal (Magazine/Journal)
Date: April 4, 2005
Publisher: CBJ, L.P.
Volume: 26 Issue: 14 Page: 6(1)

Distributed by Thomson Gale

Average customer rating:

Franchising in the Service Industry
Ali Poorani , and Brian Miller
Manufacturer: Prentice Hall
ProductGroup: Book
Binding: Paperback

General | Business & Investing | Subjects | Books

Hospitality, Travel & Tourism | Industries & Professions | Business & Investing | Subjects | Books

Service | Industries & Professions | Business & Investing | Subjects | Books

Entrepreneurship | Small Business & Entrepreneurship | Business & Investing | Subjects | Books
ASIN: 0131149407

Secrets of Effective Leadership: A Practical Guide to Success
Average customer rating:

Effective in learning how to be a Great Leader

Read & Heed

Secrets of Effective Leadership: A Practical Guide to Success
Fred A., Jr. Manske
Manufacturer: Leadership Education and Development
ProductGroup: Book
Binding: Hardcover

Motivation & Self-Improvement | Business Life | Business & Investing | Subjects | Books
General | Business & Investing | Subjects | Books
Leadership | Management & Leadership | Business & Investing | Subjects | Books
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Negotiating For Dummies

Man's Search For Meaning

Force For Change: How Leadership Differs from Management

The 21 Indispensable Qualities of a Leader: Becoming the Person Others Will Want to Follow

How to Delegate (Essential Managers Series)

ASIN: 0943703042

Book Description

SECRETS OF EFFECTIVE LEADERSHIP is a treasury of practical ideas on how to lead others effectively. It was designed to shorten the leadership-development process by exposing you to a wide range of leadership wisdom. This inspirational guide book describes 17 basic leadership attributes along with strategies for developing them in yourself and others. It contains valuable ideas for unleashing your full leadership potential by building on your strenghs, managing stress, and enhancing your personal life. Contains a Leadership Self-Appraisal and The Ten Commandments of Leadership.

Customer Reviews:

Effective in learning how to be a Great Leader.......2006-12-07

This book was excellent. The one really important aspect of this book that I enjoyed the most was the easy to read and understand format, but also that he stressed his points using many life experiences of his own. I find that when a real life experience is used to enforce a point that I am able to remember the point that much easier. I did not just learn how to be an effective leader, but I also learned how to deal with situations of my life that do not necessarily apply to leadership such as stress and healthy living.
Another important that Manske Jr. did was to use quotations from people who are important AND unimportant in order to show greatness. He also showed his points through use of very important people such as Presidents and Owners of companies. When I started reading the book, I had not realized how complicated being a leader was, I never really thought about it, and even though he acknowledges that leading is not an easy task, he makes it seem as though if anyone put their mind to it, they can be a leader. For instance I had never thought that courage is important in leading others. And although I knew it in the back of my mind, I did not think about how one has to deal with the fact that they will not win all of their people over, some may dislike them.
One final aspect that I liked was the fact that he can speak from experience as anyone who reads this book will know, for he has experienced many instances on learning how to lead. He did not act like he was a leader from the beginning or that he was a perfect leader. He stressed that leaders make mistakes, all people do, but to learn from them is key to leading effectively.
There are two negatives that I find in this book. The first one being that he does not offer how to deal with people who dislike you just because they do. I found that this would be very helpful to people who yearn to lead, but do not know how to deal with these people. The only other negative thing I find, is that Manske Jr. stresses Christianity. I found this as wrong because there are many people in the world who have different religions and many do not believe in god. Although this was negative I find that stressing a higher power was important, because we are not the highest power in the world.

Excellent read, I would recommend this book to anyone even if they do not want to lead, because it will help you deal with a leader as well in a more positive way.

Read & Heed.......2001-05-06

I worked with Fred Manske for 5 years, and can attest that he knows from whence he speaks. His advice is both practical and reality based. Bur the book, read it, and heed it!

Bill Catlette author, Contented Cows

Fired! Your Proven Guide to Finding a Better Job, Faster, and Earning More Money Than Ever Before
Average customer rating:

It Worked!

The process worked

Note the dates on these reviews...

Incredibly Practical

Outstanding Book

Fired! Your Proven Guide to Finding a Better Job, Faster, and Earning More Money Than Ever Before
Ken Davis
Manufacturer: Intelexxi Associates, Limited
ProductGroup: Book
Binding: Paperback

Job Hunting | Job Hunting & Careers | Business & Investing | Subjects | Books
General | Health, Mind & Body | Subjects | Books
ASIN: 0960286829

Book Description

FIRED! is a How To book: How To go about getting your new job; How To recognize the physical needs you'll see changing your life; How To recognize the psychological changes that will occur, and How To (where) find help when (if) depression or stress hits.

Customer Reviews:

It Worked!.......2002-04-13

Thanks, Ken Davis! Your techniques really worked for me. It's been a long road, but took me only 6 weeks to get a great job when I knew what to do, and how to do it!

The process worked.......2002-03-05

I know that a job search is really like working at a job. But, it's lots harder than working at a real job.
I really liked this book. It helped me polish my resume and helped a great deal in both getting the interview and conducting myself through the interview. Bottom line: I got a better job!

Note the dates on these reviews..........2001-09-08

I was about to buy this book when I noticed that ALL of these five star reviews were written within a week of each other, many on the same day. To me, this says one person submitted all these reviews to boost sales. Maybe I'm wrong, but buyer beware.

Incredibly Practical.......2001-06-08

I decided to review Ken Davis' book before passing it on to a friend who had lost her job. The creative suggestions Davis makes are so promising that I almost wanted to get fired myself just to try them out!

Outstanding Book.......2001-06-01

I have read Mr. Davis book "Fired" and I must say that his approach to starting over in a new career really is on-target.. Working for 10 years assisting separating/retiring military members in their efforts for starting a new career, I can honestly say that Ken's suggestions / recommendations work.. A must buy...

Average customer rating:

Credit Scores, Credit Cards: How Consumer Finance Works: How to Avoid Mistakes and How to Manage Your Accounts Well

Credit Scores, Credit Cards: How Consumer Finance Works: How to Avoid Mistakes and How to Manage Your Accounts Well
The Silver Lake Editors
Manufacturer: Silver Lake Publishing
ProductGroup: Book
Binding: Paperback

Banks & Banking | Industries & Professions | Business & Investing | Subjects | Books
Credit Ratings & Repair | Personal Finance | Business & Investing | Subjects | Books
General | Personal Finance | Business & Investing | Subjects | Books
General | Education | Nonfiction | Subjects | Books
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Credit Card & Debt Management: A Step-By-Step How-To Guide for Organizing Debt & Saving Money on Interest Payments

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Credit Scores and Credit Reports, Second Edition

ASIN: 1563437821

Book Description

How to make sure your credit history, financial data, account information and other essentials are strong and safe! In 2001, the average North American consumer spent nearly $40,000 on credit cards. By 2005, this average person will carry over $50,000 in consumer debt - not counting mortgages or car loans! This unsecured consumer debt is fundamentally changing the way Americans live: * the tradition of a home owned free and clear has become unusual as people borrow against their homes and refinance repeatedly to pay for discretionary spending * financing vacations, electronics and dining out with multiple credit cards is commonplace At the same time, credit scores have become the golden keys to successful borrowing. But what does it all mean? How do you know you're managing your credit wisely? In a credit-based economy, your credit score means as much to you as money in the bank meant to your grandparents --and here's how to protect it!

Customer Reviews:

Credit Scores, Credit Cards: How Consumer Finance Works: How to Avoid Mistakes and How to Manage Your Accounts Well.......2005-09-27

Great book for any one who wants to know how credit card companies operate.

Financial Self-Defense: How to Keep Other People's Hands Out of Your Pocket
Average customer rating:
Financial Self-Defense: How to Keep Other People's Hands Out of Your Pocket
Brett Kates
Manufacturer: Mount Ivy Press
ProductGroup: Book
Binding: Paperback

General | Business & Investing | Subjects | Books
Financial Planning | Personal Finance | Business & Investing | Subjects | Books
ASIN: 0963525727

Customer Reviews:

Excellent - For experts and beginners alike!.......2001-02-20

This book was very well organized and written from the perspective of professionals out in the field dealing with project management and marketing problems every day. A great read for those who are starting out in the web industry and for those who wish to examine their business strategies and practices.

Web for Dummies.... extremely weak...........2001-02-07

This book is only usefull for someone who never used internet and doesn't have a clue what it's about. If you have any experience whatsoever don't include this book in your shopping cart.

A Practical approach to managing Web Business.......2000-04-17

A good source of practical information on doing business on the net and managing the enterprise. Usually people focus entirely on marketing and forget the key aspects of Project management. This book highlights - through its various case studies - the importance of Project Management and how this can be done. An informative section - workbook approach helps the reader guide through the various practicalities involved in setting up an e-shop. The thing missing in this book is the finance aspect involved in an e-business. Overall a must read for people trying to venture on the portal scene.

Exploring Web Marketing & Project Management : Interactive Workbook

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Exploring Web Marketing & Project Management : Interactive Workbook
Emerick and Kim Round with Susan Joyce
Manufacturer: Prentice Hall PTR
ProductGroup: Book
Binding: Paperback

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Book Description

Knowledge is fast becoming one of the main sources of wealth, yet it can also become a source of inequalities. The New Knowledge Economy in Europe, now available in paperback, attempts to determine whether it is possible to hasten the transition towards a knowledge-based economy and enhance competitiveness with increased employment and improved social cohesion across Europe.

The book is an amalgamation of the scientific and political agendas which led to the European strategy for the knowledge-based economy adopted by the European Union. Its authors illustrate their own influence on European policy-making with contributions on a broad range of subjects, including:

• the potential for the growth of a knowledge-based global economy
• new challenges for the welfare state
• emerging trends in employment
• the role of international benchmarking as a policy learning tool
• the construction of European identity
• the building of multilevel governance required to undertake reforms.

The results of the European strategy for the knowledge economy have become apparent throughout the EU in policy areas including research, innovation, single markets, education and employment, among others. This is the new blueprint for economic and social modernization in the EU.

The New Knowledge Economy in Europe will be of great interest to academics, managers, public administrators and professional organizations involved in studies of Europe or innovation.

Book Description

U.S. and German export control policies are compared, showing how these policies have responded to the changes in the international environment, including the end of the Cold War. The policy differences are explained through an analysis of differences in state interests and external constraints, state strategies, domestic support for export controls, and institutional constraints on policy change. The conclusion put forward is that despite a partial convergence of U.S. and German export control policies in the 1990s, diplomatic conflicts between the U.S. and European governments over export control issues will continue to erupt.

Book Description

This yearbook contains basic information on export-import, investment and business opportunities in the respected country. Provides information on government structure, economy, business climate, regulations, and more... Includes basic statistics, information on the most important business contacts and business travel. Updated annually.

Malawi Business and Investment Opportunities Yearbook (World Country Study Guide Library)

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Malawi Business and Investment Opportunities Yearbook (World Country Study Guide Library)

Manufacturer: Intl Business Pubns USA
ProductGroup: Book
Binding: Paperback

Exports & Imports | Economics | Business & Investing | Subjects | Books

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Malawi Investment & Business Opportunities Yearbook

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Malawi Investment & Business Opportunities Yearbook
USA International Business Publications
Manufacturer: International Business Publications, USA
ProductGroup: Book
Binding: Paperback
ASIN: 0739713027

Book Description

This yearbook contains information on investment business opportunities, international economic projects, tenders, government projects, marketing and export-import opportunities information.

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