Risk

by Janet M. Tavakoli

Unique Insights on Risk and Reward“Higher math produces the wrong answer to nine decimal places, and computers spit out the wrong answer faster. Technology churns out numbers that are astonishingly precise even when they are terrifyingly inaccurate.”Learn how to identify risk and opportunities.Identify a bank’s biggest risksHow to find the next big shortManage short positionsRed flags for fraud“Fixed income” analysis that is as important for stocks as it is for bondsThe leverage paradoxPraise for Risk"Unusually ambitious, instructive, and entertaining."The CFA Institute"Rare is the book that is instructive and entertaining, that appeals to a diverse readership, and that accomplishes these feats within 200 pages. Your Global Guide is such a book. This high-level perspective should be required reading for CEOs of financial institutions and their risk officers, compliance personnel, traders, and portfolio management teams...a timeless reference. "Financial Analysts Journal (publication of The CFA Institute)"With her meticulous due diligence and wary eye, Tavakoli has discovered big risks most others have missed...pinpoints more than 10 red flags for fraud. By scrubbing fraud from your portfolio, 'you'll outperform almost everyone.' Tavakoli is all about finding problems in advance and identifying opportunities."Think Advisor

213 pages, Kindle Edition

Published March 1, 2016

About the author

Finance Expert & Author

Janet Tavakoli is the founder and president of Tavakoli Structured Finance, a Chicago-based consulting firm established in 2003. Internationally recognized as a finance expert, Business Week called her the "Cassandra of Credit Derivatives" for predicting the financial crisis. This profile features her acclaimed nonfiction finance books and business expertise.

Ms. Tavakoli posts topical finance updates at her business site: Tavakoli Structured Finance.

Fiction Writing: Author Janet Tavakoli has written the well-received financial murder mystery Archangels: Rise of the Jesuits. She also writes science fiction using the pseudonym Michael K. Clancy, creating the acclaimed Zombie Apocalypse series. She posts fiction updates at: Janet Tavakoli, Science Fiction and Mystery Author.

Media Recognition: She is frequently published and quoted in financial journals including The Wall Street Journal, The Financial Times, New York Times, The Economist, Business Week, Forbes and Fortune. Television appearances include CBS's 60 Minutes, CNN, C-Span, CNBC, Fox, CBS Evening News, Bloomberg TV, and BBC.

Education: Ms. Tavakoli earned a Bachelor's degree in Chemical Engineering from the Illinois Institute of Technology and an MBA in Finance from the University of Chicago's Booth School of Business, where she served as adjunct associate professor of finance.

Books by Janet Tavakoli

Finance & Business: Credit Derivatives (John Wiley & Sons, 1998, 2001, 2022)

Structured Finance & Collateralized Debt Obligations (John Wiley & Sons, 2003, 2008): an exposé of grave flaws in the structure, sales practices, and methodology for rating structured financial products.

Dear Mr. Buffett: What an Investor Learns 1,269 Miles from Wall Street (John Wiley & Sons, 2009): the causes of the greatest credit bubble in the history of the world, how we could have avoided it and how we can prevent it from happening again.

The New Robber Barons (2012): Janet Tavakoli's ongoing chronicle of the global financial crisis captured in her articles from the September 2008 meltdown through February 2012.

Nonfiction: Decisions: Life and Death on Wall Street: Janet Tavakoli's nonfiction account of Wall Street skullduggery.

Unveiled Threat: A Personal Experience of Fundamentalist Islam and the Roots of Terrorism: Janet Tavakoli's autobiographical account.

Fiction: Archangels: Rise of the Jesuits: Janet Tavakoli's financial fiction thriller debut.