Hedging Demystified: How to Balance Risk and Protect Profit

Tim Bishop

sen, 2014 · Open Road Press

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Do changes in•commodity prices•interest rates•foreign currency exchange rates•or weather jeopardize your bottom lineFinally, 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 hedgingHedging 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.

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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. Freelance editor Vice President of an energy marketing and distribution company