Seeing Tomorrow: Weighing Financial Risk in Everyday Life

by Ron S. Dembo, Andrew Freeman

Ron S. Dembo has developed an analysis that can be applied to almost any decision, whether it’s a matter of placing a bet on a horse, buying a house, or – at the most exalted level – managing the investment activities of an international bank. In Seeing Tomorrow, Dembo, together with Economist staffer Andrew Freeman, lays out a new set of concepts and principles that anyone can use to guard against the unforeseen.

224 pages, Hardcover

First published January 1, 1998

Reviews

[Jane · Rating 4 out of 5]

This book is VERY practical and helpful for a new reader in investment and decision theory. Often the newest, latest books gloss over old information that is fundamental to understanding and enjoying them, let alone using them. This book, perhaps because it's now old, will help address those gaps. There are a couple of calculations pages that could have been better done and you should take out a piece of paper and work them out in your own hand to see what's going on; Chapter 7 was the hardest and a bit of an outlier, as it skipped over something I needed to know to do it myself, so that would be for people who are a little more advanced. There's one topic you should review before reading this book, and that's options - what is a put, what is a call, what position is "in the money," what position is "out of the money." Now that I've intimidated you to read this book, read it anyway. It's helpful and clear and I wish I read it earlier.